TOKYO — Business management is like reading a book backward, Fast Retailing Chairman and CEO Tadashi Yanai once said, underscoring the value of knowing the conclusion first before deciding what must be done to get there. That philosophy may be informing his outlook in navigating the repercussions from the coronavirus […]
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Walmart taps Target exec for chief marketer
Dive Brief: Walmart named Target executive William White as its new chief marketing officer, according to an internal memo sent Wednesday by Chief Customer Officer Janey Whiteside. Bloomberg first reported the hire. White joined Target in 2013 and while there “developed comprehensive marketing strategies and executed plans that worked to […]
‘Don’t bring factories home, it only adds to risk,’ Nidec chief says
KYOTO — With M&As for 66 companies under his belt, Nidec Chairman and CEO Shigenobu Nagamori is one of Japan’s most prolific deal-makers. But the coronavirus outbreak has forced the maven to rethink of his strategy as he ponders the rising value of cash. The Renaissance man has doubts about […]
Too much talk? Honda chief reins in freewheeling management
TOKYO — “I have no subordinates,” grumbles Honda Motor President Takahiro Hachigo, who heads an automaker known for an open-ended management style where the voices of workers throughout the company are heard as part of the decision-making process. But with the auto industry going through a once-a-century transformation, Hachigo hopes to […]
Taiwan accuses China of fueling row over attacks on WHO chief
TAIPEI — Operatives in mainland China attempted to paint Taiwan as the source of online abuse against the head of the World Health Organization, Taiwanese authorities said Friday, as the coronavirus pandemic spotlights cross-strait tensions. A flurry of posts purporting to apologize on behalf of Taiwan for attacks on WHO […]
Coronavirus latest: Taiwan denies ‘racial slurs’ against WHO chief
The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan. Global cases have reached 1,439,516, according to the World Health Organization. The worldwide death toll has hit 85,711. To see how the disease has spread, click this interactive virus […]