The role of external directors as laypersons in the business External directors are recognized as key players in corporate governance reform. But given that they are neither insiders nor experts in the company’s… 2024-10-15 Noriyuki Morimoto The pursuit of professionalism In fields that require highly specialized expertise, one is not able to operate a business or manage an organization without the relevant knowledge an… 2024-09-02 Noriyuki Morimoto Governance by amateurs and management by experts Every business enterprise has, to varying degrees, specialized technical elements specific to its business, as well as practical knowledge cultivated … 2023-06-26 Noriyuki Morimoto Foolish experts and wise amateurs Any business has an essential set of expertise, but the pursuit of expertise can eventually lead to the hubris and selfishness of experts. Some che… 2021-03-08 Noriyuki Morimoto The religious aspect of a company Once upon a time, a farmer at his deathbed told his lazy sons that there was treasure hidden somewhere in his vineyard. After his death, the sons dug … 2020-03-16 Noriyuki Morimoto Crow, why do you caw? Mind your own business, says the crow There is a Japanese children's song called “Nanatsu no Ko” (meaning either seven children or seven-year-old child), which goes like this: Crow, why do… 2019-04-08 Noriyuki Morimoto Japanese companies used to sing company songs In the past, Japanese companies tended to have some extent of a religious atmosphere, singing company songs or chanting business philosophies like man… 2019-01-15 Noriyuki Morimoto Rebuilding the Lost Myth in Japan Once upon a time, a farmer at his deathbed told his lazy sons that there was treasure hidden somewhere in his vineyard. After his death, the sons dug … 2018-04-10 Noriyuki Morimoto Why No One Criticizes Canon’s Unfair Transaction For the acquisition of Toshiba Medical Systems, Canon used a highly manipulative method which prompted the Japan Fair Trade Commission (JFTC) to issue… 2016-11-07 Noriyuki Morimoto
