Mr. Steven Neo, Full-time MBA Candidate of GLOBIS University in Tokyo, discusses the "Neo Asia Challenge" with a variety of guests from various businesses and cultures in Japan and Asia.
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Neo Asia Challenge No.1 – Ryo Umezawa
Guest: Ryo Umezawa, Director, J-Seed Ventures, Inc.
Host: Steven Neo Say Bin, 2012 MBA Candidate, GLOBIS University
Date: June 6, 2013
Venue: AXEL MARK INC. office
Reflection by interviewer:
With rising operating costs in a matured market, an organization’s logical strategic move is to seek emerging Asian markets and arbitrate operating expenses by relocating capabilities overseas. However, Ryo Umezawa has taught me that although it might be inevitable to seek growth opportunities in Asia, there are also numerous opportunities waiting to be uncovered in Japan. The various implicit and explicit costs of conducting business activities in Asia might outweigh the long-term return on investments (ROI). Perhaps it is time for Japanese organizations to take a fresh perspective into their current product portfolio, and re-strategize initiatives to focus on selecting the markets and the time to invest in, and building organizational capabilities to tackle the markets.
– By Steven Neo Say Bin