The format of this presentation is each of the three speakers will have approximately 15 minutes to present their research. This will be followed by a short period of 5-10 minutes for any questions or comments from the audience.
In this session of the Corporate Affiliates Research Presentations, the following will be presented:
Hirotaka Ishii, Ministry of Economy, Trade & Industry, Japan
Japan's Electricity Crisis? - What Japan Should Learn from the California Electricity Crisis
The Japanese electricity retail market has been restructured since 2000. Since the full market liberalization has started from April 2016, households now have the ability to choose an electricity retailer. However, in the state of California, the electricity crisis - the massive blackout - happened just after the restructuring of its electricity retail market. In his research, Ishii investigates the reason why the California electricity crisis happened, whether it is possible that such a crisis will happen in the Japanese electricity market and what Japan should learn from the California electricity market.
Hui Liu, PetroChina
Shared Services (Center) Model and Best Practices
As an effective operating strategy, Shared Services (Center) has been implemented to achieve cost reduction, process optimization, productivity enhancement, value creation and continuous improvement. With increasing economy globalization, many organizations have set up Shared Services Centers (SSC) to support functions such as HR, finance and IT, etc. In his research, Liu will share trends of the shared services evolution and introduce popular models of shared services, including Discrete Shared Services, Multi-function Shared Services (MFSS), Global Business Services (GBS) and Integrated Business Services (IBS). Liu will also share winning strategies that can be applied to deploy an effective Shared Services model based on global best practices.
Rui Minowa, Development Bank of Japan
Measures to Retain Talent in Large or Medium-Sized Companies
The competition for acquiring talent among companies is intensifying in Japan. It is expected that it will become increasingly intense in the future as the working population decreases and the work behavior of young people changes. It is important for companies not only to acquire good talent, but to retain talent as well.
Silicon Valley is one of the fastest-moving, most competitive economies in the world. Minowa studied some cases of successful Silicon Valley companies – comparing differences in labor customs and environment between Japan and the U.S. As a result, Minowa shares suggestions on how to retain talent for large or medium-sized companies.
Zhuoyan Wang, PetroChina
Transformation Opportunities of Oil Companies
Petroleum oil plays a significant role in our fuel mix today – currently accounting for 34% of global energy supplies. Oil prices suffered a significant drop in 2014 and brought huge strikes to the main oil exporters as well as to world economy. Where is the future of oil industry, and how will those oil companies overcome various challenges? In his research, Wang carries out analysis from oil development outlook to technology innovation in the energy field to the effect from market and policies. In this presentation, Wang discusses the transformation opportunities of traditional oil & gas companies.