Conference on Competitiveness 2017
Starting with opening remarks by Professor Kazuo Ichijo,Dean of Hitotsubashi ICS, the recognition being given to recognize Japanese companies that are successfully meeting challenges through strategy innovation, sponsored by Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. and P&E Directions, Inc., turned out to be a huge success.
The Porter Prize Winners of 2017 are the following four companies:
- Katitas, Co., Ltd. Rehabilitation and sales of used houses
- Net Protections, Inc. Deferred payment system
- Pro-Ship Incorporated. Development and sales of packaged software for fixed asset management
- QB Net Holdings Co., Ltd. Haircut service
Professor Michael E. Porter, the Bishop William Lawrence University Professor at Harvard University, implied during his speech that as the technology grows exponentially, service has become a tremendous area for most companies, which can be the starting point of building a strategic plan for a new business just like these four winner companies. In addition, Professor Porter mentioned that the AI technology should be placed in the important position when bridging a gap between the computer and the real world business. Following the speech, Professor Osono interviewed the representatives of the four winner companies about the ideas of creating the business, the story of struggles, the critics and the suffers during business starting up.
After a short break from watching the business display of the four companies, Professor Ken Kusunoki gave a very interesting and thought-provoking speech on how to build up a strategy for a business, which should be more focused on creating things from an empty area.Professor Kusunoki also pointed out that unreasonable aspects out of a reasonable story would be a great point of building a strategy.
At the end of the Poter Prize Conference, Professor Takeuchi Hirotaka, Emeritus professor of Hitotsubashi ICS, expressed his extreme proud and joy for this great event, and his wishes for the best luck for the future.