Digital Transformation of Business in Japan

What is it about?

Japan lags behind other advanced economies in Digital Transformation (DX) progress. This state continues despite government warnings about the Digital Cliff and top-down initiatives embodied by the Ministry for Digitalization and the recently declared war on floppy drives and other outdated technologies. Meanwhile, industry large and small has approached the question with increasing energy, albeit with widely varying approaches and motivations. This chapter considers six aspects of DX as it impacts organizations in the context of Japanese business and government. While some firms take incremental approaches, others are leaping forward to employ technologies that will allow them to radically improve their position in the industry and stabilize their business models for the long term. Questions remain as to whether management and implementation skills are up to the task. Read it here: https://rdcu.be/dazvl

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Photo by Headway on Unsplash

Photo by Headway on Unsplash

Why is it important?

Japan has much to offer in new technologies and fresh thinking about applying those technologies to business, government, and growing challenges. Among those challenges are the growing population of highly aged individual, the lack of labor, and the expectations of the population.