Hello. This is Watanabe Tenmei from Seito Medical School Clear File. This time, I would like to report on my study results. Since this is the first part, there will also be a second part, so please look forward to it! !
I would like to summarize the results of today's study. First, I studied "How to Survive Turbulent Times" in "Harvard Business Review". Next, I learned about groups in "Math Girl Fermat's Last Theorem". Next, I learned about immunity in "Illness Explained, Vol. 6: Immunity, Collagen Disease, and Infectious Diseases". Finally, I learned about the "autonomic nervous system" on Wikipedia. Of these, I would like to review "How to Survive Turbulent Times" and "Autonomic Nervous System".
This is the first theme. The current era has long been called an era of uncertainty, and the challenge for companies is how to behave. Recent trends in the business world are globalization, excess capital, falling transportation costs, an oversupply of labor, and underlying technology-driven innovation. The key to these trends was to predict and adapt. Companies that prioritize financial strength or companies that face rapid changes in competition need superior predictive power, and they also need the ability to adapt in order to quickly change their business.
I think the most important thing in a business environment is new ideas. If you compete on the same level as your competitors, and you have similar abilities, it's hard to come to a conclusion. That's why I think that by creating new mechanisms that don't exist in today's world, you can set yourself apart from the competition. This kind of creativity is the same as in the board games of shogi and chess, and when a certain strategy is implemented, it's important to make a clever move that traps the other party in the position you are aiming for, so that "if they do that, there's no way they can do anything."
Large companies change more slowly than small and medium-sized companies, so small and medium-sized companies should be able to counter the unanimity of large companies with speed.
Now, let's talk about the latest trends in the business world.
The first point about globalization is that if you focus solely on domestic markets, you will not be able to avoid risks such as disasters and wars. If you want to grow, you will naturally need to expand into the world. In particular, in Japan, where the birthrate is declining, the domestic market is shrinking, and it is difficult to grow by doing business only in the country. By taking the initiative in emerging markets that will become wealthy and develop a middle class, you can expect future returns.
Nationalists are opposed to globalization because wealthy countries feel that low-wage workers are taking their jobs away from them. However, if they seek markets around the world, their economies will grow, and success in emerging markets will flow back to wealthy countries as new money. As a result, wealthy countries will be boosted overall, and if they see new opportunities emerging, low-wage labor will no longer be a threat.
If you still want to reduce the number of low-wage workers employed in the country, you don't have to compete on the same level as low-wage workers. Actively improve your skills and invest in yourself to get out of the competition with low-wage workers. In Japan, the language barrier is large and Japanese is essential to living in Japan, so even if you are a factory worker, for example, you can get out of the battle with foreign workers by obtaining a qualification of moderate difficulty.
As for globalization, one solution is to get out of low-wage labor. In fact, I've heard that world poverty has improved significantly in the last 10 years. If you think of globalization as a long-term solution that will raise the level of all workers in the country, your concerns will disappear.
The second point, excess capital, shows that the world is overflowing with money due to the monetary easing of the past decade. Until recently, capitalist countries were talking about setting a price target of 2%. In other words, they were trying to create an economy in which the value of things would increase by 2% per year. A 2% price target was difficult to achieve, but now we are hit by inflation, and they are trying to suppress inflation by raising interest rates to increase the value of money and make things cheaper.
A portion of capital is being invested in stocks and gold, and the prices of these financial products have increased significantly. I would like to ask here. Nowadays, we live in an era of money overflowing with money. It is true that the number of wealthy people is increasing rapidly and it is an opportunity to get rich. What do you think about this kind of bubble? I don't know if this frenzied economy, which can be called a bubble, will last for long. Funds that have expanded to this extent have the potential to collapse quickly due to further increases in interest rates.
The current employment situation is such that it can be described as an extreme seller's market, with a continuing labor shortage. Changing jobs is less risky, and if you don't like the company you work for, you should be able to change jobs easily. In Japan, the bubble burst at the border between the Showa and Heisei eras. After that, a generation of people were forced to endure the employment ice age, and for a long time afterwards, they were unable to find work as new graduates. Are there any lessons we can learn from the bubble of that time? Perhaps the current economic situation, which can be described as a bubble, needs to be closely observed.
The third reason is the decline in transportation costs. Shopping is one of the biggest changes between now and the past. In this age of online shopping, if there is something you want, you can have it delivered to your home with the push of a button. In the past, it was normal to shop in shopping streets, but with the rise of shopping malls, shopping streets have become deserted. In the current situation, online shopping, which goes beyond shopping malls, has become the mainstream way of shopping.
If you recall the supply and demand curve in economics, you will understand that as supply increases, that is, as the amount of goods produced increases, the fixed costs of human resources and equipment, referred to here as fixed costs, are compressed, and it has been generally believed that the price of the goods will fall. In other words, if there is any unused part of human resources or equipment, it becomes a wasted cost. The more production volume increases, the more the human resources and equipment are used, and the less wasteful costs are incurred. This is also true for delivery trucks for online shops. If there is time when the truck is not being used, costs will be incurred for that time, which increases costs unnecessarily. Therefore, if the products of an online shop are selling too well and the truck is always in operation, the average cost of truck transportation will be lower.
In economics, mass production that reduces fixed costs is called economies of scale, and economies of scale also work for online shop trucks, reducing shipping costs. There also seems to be talk of making truck delivery even more convenient by creating a system similar to a computer network. You can see how the online shop lowers transportation costs, including unrelated mail items.
The fourth is an oversupply of labor, and the fifth is technological innovation. I only read through the Harvard Business Review, so I can't imagine what these are referring to. They probably refer to the current overwhelming labor shortage and the dizzying changes in technology, but I haven't studied the subject enough, and I would like to deepen my understanding by reading the news. Please look forward to future posts!
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