Showing posts with label Lean start. Show all posts
Showing posts with label Lean start. Show all posts

Monday, December 15, 2025

2524: The Catalyst for Change—How a Slump Forced My Reskilling in Power BI

 


Hi, my valued followers.

I must sincerely apologize for the silence on this blog since August. After joining a project consulting firm, I haven't had the capacity to innovate my blog regularly. It wasn't just a matter of being busy; in fact, the overwhelming influx of new experiences created a kind of "slump" where I felt I needed to absorb rather than produce. I believe this period of professional realignment is a story best highlighted here.

Today, I want to write about my journey into reskilling, specifically my deep dive into Power BI.

The Old Challenge, The New Solution

I have always been passionate about automated processes using IT tools. Throughout my career—whether as an instrument engineer or a construction supervisor—my constant challenge was to visualize the up-to-date project status on a real-time basis. In the past, I had to rely on complex, command-heavy Excel tables, or even utilize system engineers to develop custom tools using platforms like Microsoft Access.

The frustration was always the same: The tools were too slow, too rigid, and required too much effort to produce a dashboard that truly reflected reality.

Now, tools like Power BI (in MS) and Looker Studio (in Google) are capable of solving these previous challenges. They generate dynamic, real-time dashboards that allow analysis from multiple aspects—the ultimate output for modern project controls.

Embracing the 40%ism of Learning

I started touching Power BI in November on my private basis, relying on YouTube tutorials and textbooks. I must admit, as a traditional user accustomed only to Excel, it has not been easy. It requires a fundamental knowledge of DAX (Data Analysis Expressions), which is an entirely new language.

I am still very much under the learning curve, but I am already confident that this tool is the path to achieving my desirable outputs for project controls.

The lesson here is simple: Year 2025 was a tough year, but the pressure stimulated me to expand my knowledge into new areas. If I were not in my current situation—if I were still relying on my old processes and familiar business tools—I may not have seriously attempted to learn Power BI. The necessity of a high-performance solution forced a much-needed reskilling.

I will write more about my thoughts after turning 50, but the common message remains forever true: We must continuously learn and find new ways to maximize our individual capabilities in life. I am deeply appreciative of my new colleagues and the environment that has pushed me toward this growth.

Monday, June 16, 2025

2520 “Done Is Better Than Perfect” – Why 70% Is Enough to Start

 

Mark Zuckerberg of Facebook famously said, “Done is better than perfect.”
It’s a powerful mindset shift—especially in Japan, where many young professionals hesitate to share their work unless they feel it’s flawless.

I’ve written about this before, but now that it's June, I feel the need to revisit the idea. Many new employees who joined companies in April are likely struggling with the same issue my team member Kenji recently faced.

The concept is what I call “70%ism.”
In short: Don’t aim for 100% perfection from the beginning. Aim for 70% completeness. Why? Because that’s often good enough to start meaningful discussions, receive feedback, and move forward efficiently. And most importantly, it avoids unnecessary delays caused by chasing perfection.

When experienced professionals prepare a slide deck or a concept note, 70% completeness can often be achieved in 2–3 hours—even for heavy topics. On the other hand, pushing from 70% to 90% or more usually requires double or even triple the time. That extra effort upfront isn’t always justified, especially if the direction might change after feedback.

A few weeks ago, I asked Kenji, a new graduate who joined in April, to explore business ideas outside of our current shisha bar operations. I asked him to summarize a business flow that our IT team could use to begin prototyping a new service.

I expected something rough within a week. But three weeks passed, and nothing came.
Kenji was stuck—he felt he couldn’t present his idea unless it was polished and complete. To him, even producing something 70% done felt like showing 90% of his full effort—and he wasn’t confident enough yet.

So I gave him a new target:
“Forget 70%. Just give me 40%. Spend no more than two hours. Don’t overthink it—just get the idea out.”

He looked a bit embarrassed, but smiled. Two days later, he submitted a few memos and gave a verbal explanation. It wasn’t fancy—but it was clear enough. And our IT staff immediately understood the direction and got started.

If you’re managing new graduates, you might face a similar situation. Perfectionism holds people back—especially when they’re just beginning. For first assignments, I actually recommend aiming for “40%ism.” It encourages early output, builds confidence, and prevents the paralysis that comes from trying to be perfect.

Perfection can wait.
Progress starts with action—even if it's only 40% complete.

Monday, June 9, 2025

2519 Looking Back to Look Forward: A Reflection Inspired by Life Shift



Since relocating to Osaka, my days have been packed with launching a new business in Kyoto, stepping into a new consulting role, and occasionally indulging in my weekend hobby—motorcycling. In the midst of all this, I realized I had stopped making time to read. But this weekend, I reminded myself: without reflection and learning, there is no growth. So I picked a book off my shelf—Life Shift by Lynda Gratton.

This global bestseller had been recommended to me many times, and I now understand why. Among its many insights, one passage in particular struck me like a message written directly to my present self:


"I want to turn time upside down and ask you this question—not how your 20-year-old self would view who you are now, but how your 70-, 80-, or even 100-year-old self would reflect on the decisions you’re making today. Will the choices you're about to make stand up to the judgment of your future self?"


It’s easy—too easy—for us humans to forget why we made certain decisions at pivotal moments in life. I’ve found myself recently, as I have many times before, wondering: Was this the right move? Should I have stayed in my comfortable, stable role instead of choosing change?

This quote brought me back to the decision I made last summer. I knew I could continue in my previous role and enjoy a stable life and well-balanced routine. But I asked myself: What actions must I take now to live the life I want to look back on with pride 20 or 30 years from now?

Life Shift reminded me of that moment, and why I chose the more uncertain path. It wasn’t about immediate comfort—it was about investing in my future self.

Reading this book again became more than just a weekend habit; it became a reaffirmation of my commitment to a multi-stage life. It reminded me that growth isn’t always comfortable, but it’s always worth it when it aligns with your long-term vision.

So here I am, back on track, embracing the shift.

Friday, April 11, 2025

2515: Standing at the Crossroads of Experience and Renewal


I’m 49 years old—part of what’s often referred to in Japan as the “Lost Generation.” We graduated during a time when job opportunities were scarce, in the late '90s to early 2000s. It wasn’t an easy start, and many of us carry that experience with quiet resilience.


Now, as I prepare to enter my 50s, I can no longer ignore the question: How should I approach the second half of my professional and personal life?


We live in what is now called the "100-Year Life" era. The traditional notion of retiring at 60 is becoming outdated. Instead, we should aim to stay active, curious, and engaged for as long as possible. Just a year ago, I declared to my friends and colleagues that I wanted to work until the end of my life. But recently, I’ve found myself taking a step back from that bold statement—not because I’ve lost the will, but because I sometimes wonder if my knowledge and skills are still relevant in today’s business world.


Perhaps I’m standing at the edge of the business frontlines, now occupied by a new generation. Still, being in this position has given me the stimulation to reawaken. I’ve realized that I’m not done yet. My sword is still sharp—I just need to keep learning and stay in shape for the battles ahead.


Our generation is unique. We witnessed the world before and after the digital transformation. When we started working, Windows 95 had just been released, and email over dial-up connections was becoming the norm. We’ve experienced both the analog and digital eras, and that positions us as potential bridges between the legacy work culture and the present.


To everyone from my generation: I want to cheer you on. We’re not obsolete. We can still be essential contributors to the future of business and the economy. Let’s start by learning something new—just a small step. Let’s climb a different hill than the one we’re used to. Our knowledge isn’t outdated; it’s a foundation that can evolve and blend with the new.


The journey isn’t over. In fact, it might just be entering its most meaningful phase.

Friday, March 21, 2025

2512 Embracing a New Era at Turner & Townsend

 


In February, I embarked on an exciting new chapter in my career by joining Turner & Townsend. This move marks a significant milestone, offering an opportunity to broaden my professional landscape and leverage my extensive experience in project management.

As I navigate my initial phase at the company, I'm eager to share some initial observations and reflections that serve as my starting grid at Turner & Townsend.

Insights from the Field

From my early days here, I've learned that while there's a strong demand for project management functions to drive capital expenditures (CAPEX) in Japan, many companies traditionally manage these initiatives in-house. Despite this, several factors have shaped the current landscape:

  1. Historical Decline in CAPEX: Over the last three decades, Japan has seen a decrease in CAPEX opportunities. This downturn is a reflection of broader economic trends and shifts in industrial focus.

  2. Reduced Need for Dedicated CAPEX Functions: Due to the prolonged period of minimal capital investment, many companies have scaled back or entirely dissolved their dedicated CAPEX functions and resources.

  3. Impact of the "Lost Generation": The economic downturn during the late '90s, particularly from 1997 to 2000, led to reduced hiring. This period coincided with what is often referred to as the "Lost Generation." As a result, there is now a noticeable gap in the capabilities of middle to upper management, predominantly aged between 45 to 55, who missed out on critical early career development opportunities during these challenging years.

Unique Position and Future Outlook

My colleagues have noted that my specialization in plant-based business projects adds a unique dimension to the team at Turner & Townsend. While I might be considered a specialist within a niche area, it's a role that I am both proud of and excited about.

As I continue on this new voyage, I am reminded of Spencer Johnson’s Who Moved My Cheese?—an allegory about change and adaptation. Like the characters in Johnson's book, I am on a quest to find my new "cheese," embracing change and pursuing new opportunities.

Wednesday, February 19, 2025

2508 : Overcoming Cultural Barriers in Conservative Companies: A Challenge for Transformation



For me, this is a very fotunate position because my customers and my company are publicly listed. These companies are typically conservative, and there’s growing recognition, both internally and externally, that we must embrace change to become more sustainable. As Peter Drucker famously said, "Culture eats strategy for breakfast." This is particularly true for conservative companies, where the culture can often be a significant barrier to innovation.

We evaluate these companies, and the bias stemming from their culture becomes clear. The reluctance to change often stems from a long-standing history of success. These companies, many of which have been around for over 50 years, possess brilliant histories and unique technologies that have helped them remain competitive in the market. However, as times change, there’s a growing need for them to adapt and evolve.

Now, let’s focus on employees. When new employees join a company, how much do they really know about the corporate culture? Fresh graduates may not fully recognize the impact of this culture when they first enter the company, but it’s easy to assume that many of them expect the traditional, conservative business methods because they’re drawn to the stability and legacy these companies offer.

These publicly listed companies may follow a trend in business methods or frameworks, but surprisingly, many people within these organizations don’t fully understand them or aren’t interested in them. Most employees are highly qualified and aware of the necessity of change, but there’s often a gap between recognizing the need for transformation and actively pursuing it.

For companies seeking transformation or aiming to become more innovative, I see hiring practices as a major challenge. Without the right approach, these companies will continue attracting conservative candidates who fit the current image of the company. The key issue is that candidates who could drive transformation may not even be applying, as they might perceive these companies as too traditional or resistant to change.

In this blog, I want to share my thoughts on how conservative corporate cultures and their cultural biases are not just ingrained in the companies themselves but are also reflected in their employees. Overcoming these barriers is essential for any transformation, but it’s a significant challenge that requires concerted effort both from the company’s leadership and the employees themselves. 

Wednesday, January 29, 2025

2505 Lessons on Going Concern: Insights from My Shisha Business

In November, I took over a shisha bar business, knowing full well that it wouldn’t turn a profit immediately. Despite this, I occasionally feel the weight of the financial burden as the business continues to draw on my cash reserves. While this situation is manageable for another six months, I remain optimistic that the business could become profitable within a year.

At present, revenue falls short of covering expenses, but there’s a silver lining: the income is consistent and reliable, flowing steadily into the bank account regardless of my personal involvement. This is a testament to the hard work and dedication of my excellent Gen-Z staff. Their efforts have allowed the business to maintain a stable operational rhythm, even as I focus on my other ventures.

The shisha bar is my first tangible portfolio outside of consulting, a field that heavily depends on my direct involvement and external factors. Unlike consulting, which often feels like chasing external validation, the shisha bar is an opportunity to build something concrete.

While the business has yet to reach sustainability, it is buoyed by a genuine demand for shisha and the loyalty of our customers. This has given me a deeper understanding of the concept of "going concern" in real-world business operations.

I believe the business has the potential to become sustainable, but I am acutely aware that success is not guaranteed. The future depends on the actions and strategies my team and I implement. This sense of control is both daunting and empowering. Unlike investments in stocks or real estate—where performance is largely out of your hands—the fate of a business like this is directly tied to your decisions and efforts.

I wouldn’t call myself a risk-taker; in fact, I lean toward the safer side. However, running a business like this feels more controllable and tangible compared to passive investments, where all you can do is observe their performance from the sidelines.

The journey has been a tremendous learning experience. I am still uncertain whether the shisha bar will grow into a major part of Growth Unlimited Corporation (GUC). However, it has already given me invaluable insights into the concept of "going concern" and what it truly means to invest your time, energy, and resources into building something from the ground up.

Thursday, December 12, 2024

2450:Transforming a Shisha Café – From Lemon to Lemonade

 




There’s something deeply universal about the phrase, “When life gives you lemons, make lemonade.” It embodies resilience, optimism, and a mindset that can transform even the toughest situations into opportunities. But this concept isn’t just an inspiring mantra—it’s a practical philosophy for business and life.


I find myself drawing on this wisdom as I help lead a turnaround for a shisha café. On paper, it’s a solid business idea: a café near a major national university, only five minutes from the station, in a town filled with students. And yet, the business has been in the red for quite some time. This situation feels like a classic “lemon.” But I truly believe that with the right approach, this lemon can be transformed into refreshing lemonade.

The Lemon: Recognizing the Challenge

What makes this shisha café a lemon? At first glance, it may seem like a case of poor circumstances or bad timing. But the real issue lies deeper—it’s about aligning potential with the right vision. In business, as in life, a challenge often presents itself when the pieces don’t quite fit together.

It’s easy to get stuck in the mindset of seeing only the problems: the location isn’t perfect, the foot traffic is low, the target audience isn’t fully engaged. These are the "lemons" that we often focus on—the sour, bitter aspects of a situation that make us question whether it’s worth the effort. But these "lemons" also hold within them the seeds of possibility. The true power lies in how we perceive them.

Making Lemonade: The Power of Rethinking

To turn a lemon into lemonade, you must first embrace the challenge. It’s about seeing beyond the surface-level problems and tapping into what could be. This is where revolutionary thinking comes into play—a concept I’ve been exploring through 進化思考 (Evolution Thinking) by Eisuke Tachikawa. The core idea is that innovation is born from rethinking what is already in front of you.

In the case of the shisha café, the lemonade isn’t just about fixing what’s broken—it’s about transforming the entire experience. Revolutionary thinking invites us to ask: What if we stopped viewing this café as just a café? What if we started to see it as a gathering place for the local community, a hub of student life, or even a cultural experience?

This shift in thinking, this reimagining of what the business could be, is what turns lemons into lemonade. It’s about rethinking the essence of the situation and finding a new way to tap into its potential. The café doesn’t need to be a carbon copy of successful businesses in other areas—it needs to become something unique, something that resonates with the people who pass through its doors.

The Essence of Lemonade: Turning Setbacks into Strengths

At the heart of the lemonade concept is the idea that setbacks can become strengths. What we initially see as a disadvantage—whether it’s the location, the target market, or the current financial struggle—can actually become the foundation for something innovative.

One of the key lessons from 進化思考 is that evolution and growth often come from adversity. It’s in the moments when things aren’t working that we are forced to think differently, to pivot, and to find new solutions. Innovation is the lemonade that comes from squeezing the lemon of adversity.

For the shisha café, the current struggles aren’t simply obstacles to overcome—they are opportunities to rethink what the business can be. Perhaps the very challenges that seem to be holding it back are what will push it forward. The proximity to a university, while initially seen as a challenge, could actually be its greatest asset. It’s not about changing the location or moving elsewhere—it’s about changing the way we think about that location and finding new ways to engage the people nearby.

Lemonade Is a Mindset

Turning lemons into lemonade isn’t just a strategy—it’s a mindset. It requires seeing challenges as opportunities, setbacks as moments to innovate, and problems as the raw materials for success. This mindset shifts your focus from what’s going wrong to what could go right. It allows you to embrace the full potential of every situation, no matter how difficult or discouraging it may seem.

In business, this mindset is invaluable. It gives you the resilience to keep going when things aren’t working, the creativity to find new solutions, and the optimism to believe that even the most difficult situations can be transformed.

For the shisha café, this mindset is what will allow us to transform the business. We’re not just fixing problems—we’re creating a new vision, a new way of thinking, and ultimately, a new way of operating. The lemonade isn’t just a sweet drink made from sour lemons—it’s the result of revolutionary thinking, persistence, and a commitment to finding success even in the face of adversity.

Conclusion: Turning Lemons into Lemonade in Business

In every business, there will be lemons—challenges, setbacks, and moments of doubt. But it’s in these moments that we have the greatest opportunity for transformation. By rethinking the situation, embracing the challenges, and turning adversity into innovation, we can turn even the sourest of lemons into the sweetest of lemonade.

For me, the shisha café is more than just a business turnaround project—it’s a reminder that with the right mindset, anything is possible. When life gives you lemons, don’t just settle for making lemonade—use it as an opportunity to create something entirely new.

Wednesday, November 6, 2024

2445b Act Now: How Time Discounting Boosts Business Performance and an Effortless Life






As we kick off this new operation, I want to highlight a concept that could be a game-changer for each of you: the Time Discount Rate. This principle, which I explored in my earlier blog (2301: Time Discount Rate: A Simple Theory for an Effortless Life), isn’t just an economic theory—it’s a powerful approach to living and working that saves effort and drives success. It’s about taking action when the “temperature” is just right to minimize wasted effort and maximize outcomes.

A Reminder from Daily Life: Cleaning a Hot Pan

In the January blog, I shared a simple example: imagine you’ve just finished cooking and have a pan still warm. Clean it now, and it takes minimal effort. Leave it for hours, and you’ll have a stubborn mess that needs hot water, soap, or even abrasive scrubbers—possibly damaging the pan’s surface.

This small, relatable act demonstrates the time discount rate in action. Acting promptly saves both time and effort and preserves the quality of what you’re working with. It’s a reminder that delays often increase the cost—sometimes more than we anticipate.

Applying Time Discounting in Our New Operation: Act Before the “Warmth” Fades

Now, think about our current project. We've discussed investments and restructuring plans to move forward, and the green light is on. Yet, even with clear approval, some actions are still taking a week or more to begin. Imagine if, instead, we approached this like eating a pizza while it’s still warm—it’s a much better experience when enjoyed at its peak.

Every day that passes without action is an opportunity missed, and it makes future tasks potentially more complex or costly. When you delay, you often have to recheck conditions or get back into the mindset you had when initially planning. Over time, this adds up, affecting efficiency and outcomes.

Real-Life Benefits of Time Discounting

A practical example: I made the decision to meet each of you well before officially signing the contracts, which gave me a head start in understanding your strengths, abilities, and personalities. This early action let me witness your high IQ and EQ in action, confirming my belief that each of you can handle these responsibilities exceptionally. Had I waited, I might only have known you briefly before starting. By applying the time discount rate, I made a significant investment of my own time early on, and I already see it paying off in our collaboration.

Why This Matters for Gen-Z Leaders and High Performers

The time discount rate might seem simple, but it’s one of the most effective tools for achieving effortless success. By recognizing that early actions prevent future complications, you’re setting yourself up for smoother, more satisfying outcomes. In a fast-paced business environment, acting promptly can be the difference between lagging behind and leading the way.

Here’s the takeaway: approach tasks as if you’re catching them while they’re still “warm.” Don’t wait for conditions to cool off, which only makes things harder down the line. Embrace time discounting not just as a strategy, but as a way of thinking that can improve both work and life.

In this project and beyond, let’s keep the warmth, act promptly, and ensure we’re moving forward efficiently. I know each of you has the intelligence, capability, and insight to turn this into an advantage. Embrace the time discount approach—it might be the key to not only meeting our goals but enjoying the journey as we go.

Wednesday, October 30, 2024

2444: Turning Lemons into Lemonade – Rethinking Revolution in Business



We’ve all heard the saying: “When life gives you lemons, make lemonade.” It’s a simple phrase, but one that holds profound wisdom—especially in the world of business. It reminds us that even when faced with setbacks or challenges, there is always an opportunity to turn things around. Recently, as I’ve been reading 進化思考 (Evolution Thinking) by Eisuke Tachikawa, I’ve begun to see this idea in a new light.

The Power of Revolutionary Thinking

One of the core messages in 進化思考 is that revolutionary thinking often comes from unexpected places—failures, mistakes, and even oversights. These moments, which many people try to avoid, are often the very triggers for innovation and progress.

Historically, some of the greatest breakthroughs came not from initial success, but from moments when things went wrong. The key is in how you respond. Instead of viewing these situations as dead ends, revolutionary thinkers see them as pivots—a chance to change course and find new opportunities.

Pivoting as a Strategy for Success

In business, we often hear the term “pivot” used when companies need to change direction, usually after encountering a roadblock. But pivoting isn’t about abandoning your goals—it’s about finding new paths to achieve them. It’s about risk management and keeping your options open, even when things don’t go as planned.

Think of a pivot as a vital part of an opportunity portfolio—it’s your hedge against the uncertainties that naturally come with any venture. In fact, without taking risks, without putting yourself out there and trying new things, you’re essentially eliminating the possibility of innovation. No trial, no chance.

Most of us are naturally hesitant to take those risks, worried that we’ll waste time or effort if things don’t work out. This is often due to the two types of thinking we use: System 1 (our fast, intuitive decision-making process) and System 2 (our slower, more logical analysis). Both have their merits, but both can also blind us to opportunities, especially when we’re afraid of failure. Revolutionary thinking, on the other hand, encourages us to embrace those failures, learn from them, and pivot when necessary.

Innovation Through Adversity

One of the most important lessons I’ve learned in business is that setbacks are not the end—they are often the beginning of something new. When faced with a difficult situation, it’s important to ask: How can I turn this into an opportunity?

Whether it’s a product that didn’t perform as expected, a strategy that didn’t deliver the desired results, or a partnership that fell through, each of these moments is a lemon. But with the right mindset and a willingness to rethink, they can become lemonade.

As Tachikawa emphasizes, innovation doesn’t always come from following a straight path. Often, it’s the detours and disruptions that lead us to something truly groundbreaking. Revolutionary thinking is about being prepared for those moments and finding the courage to pivot when necessary.

Conclusion: Embracing the Lemonade Mindset

Turning lemons into lemonade isn’t just a clever phrase—it’s a mindset that can transform the way we approach challenges in business and life. It’s about being adaptable, learning from mistakes, and embracing the pivots that lead to new opportunities.

Revolutionary thinking teaches us that every failure contains the seeds of success. The key is to look at setbacks not as endings, but as beginnings. So, the next time life hands you a lemon, ask yourself: How can I turn this into lemonade?

Thursday, September 12, 2024

2437 The Lifelong Learning Journey: Why Reskilling is Crucial for Business Professionals

 

In 2021, I made the decision to pursue an MBA while concurrently working at Yokogawa. It was a challenging time, balancing work demands with the rigorous study schedule, not to mention the financial investment that came from my own pocket. However, the decision to embark on this journey was fueled by my desire to prepare for a startup business, particularly to enhance my accounting knowledge and to measure my skills against classmates who were highly motivated and deeply committed to their careers.

The MBA Experience: Beyond Knowledge and Techniques

When I initially enrolled in the MBA program, my primary goal was to gain practical knowledge and skills that I could directly apply to my entrepreneurial ambitions. However, what I found during and after the program was a wealth of unforeseen outcomes and skill sets that have had a profound impact on my career.

  1. Soft Skills Development: The MBA provided me with not only technical knowledge but also a foundation in essential business attitudes and soft skills. I learned about leadership, communication, ethics, and modern organizational structures like the teal organization. These elements are crucial in shaping a well-rounded business professional.

  2. A Broader Perspective: Before my MBA, I often found myself worried and inclined towards micro-management, albeit in a somewhat sloppy manner. However, the program taught me to be more composed and understanding of the complexities inherent in business situations. I realized that not every issue can be immediately grasped, and sometimes, what appears to be a problem is simply a result of information asymmetry—a topic I discussed in a recent blog post.

The Need for Recurrent Learning in Japan

Despite Japan's status as an industrialized nation, it ranks poorly in terms of learning after graduation. According to the OECD's Education at a Glance 2023 report, Japan lags behind other OECD countries in adult education and lifelong learning participation. This reflects a concerning trend where many Japanese workers do not engage in further education or reskilling, which is critical for adapting to the rapidly changing job market​ (Education GPS).

This low engagement in lifelong learning can be a significant barrier to maintaining competitiveness in a globalized economy, where continuous skill development is increasingly necessary. As I prepare to speak at the Cross Border Link event on September 2, my goal is to inspire my fellow delegates to embrace lifelong learning. Reskilling and upskilling are not just optional—they are critical for staying relevant and thriving in today’s business landscape.

Conclusion: Be a Lifelong Learner

The MBA was a turning point in my career, not just because of the knowledge I gained, but because of the personal growth it facilitated. I urge all professionals to consider recurrent learning opportunities, whether through formal education, workshops, or self-directed study. The investment in your education is an investment in your future.

Thursday, July 11, 2024

2428a The Superiority of the New Generation: A Closer Look

 


In recent years, the capabilities and qualities of the younger generation, particularly Generation Z, have garnered significant attention. As I prepare for the upcoming event titled "Generation Cross-Border," it's crucial to understand why this generation is often considered superior in various aspects. This blog post delves into the key reasons behind their excellence, supported by academic research and expert opinions.

Digital Natives with Unmatched Tech Savviness

Generation Z, born between the mid-1990s and early 2010s, is the first true generation of digital natives. They have grown up in a world where the internet and digital technology are omnipresent, giving them a unique advantage in today's tech-driven society.

Thomas Koulopoulos and Dan Keldsen, in their book The Gen Z Effect: The Six Forces Shaping the Future of Business, highlight this phenomenon:

"Gen Z has grown up with a level of access to technology and information that previous generations could not have imagined, and this shapes their approach to problem-solving and innovation."

Higher Levels of Education

The younger generation has access to better and more comprehensive education compared to previous generations. This has led to higher educational attainment and specialized skills, particularly in STEM (Science, Technology, Engineering, and Mathematics) fields.

David Stillman and Jonah Stillman, in Gen Z @ Work: How the Next Generation Is Transforming the Workplace, emphasize this point:

"Gen Z employees are tech-savvy, highly collaborative, and bring a fresh perspective that challenges traditional ways of thinking."

Emphasis on Diversity and Inclusion

Generation Z places a high value on diversity and inclusion, understanding their importance in creating harmonious and innovative environments. This generation's comfort with diversity is a significant asset in today's globalized world.

Jean M. Twenge, a Professor of Psychology at San Diego State University, notes:

"Gen Z is characterized by their digital fluency and their comfort with diversity, which positions them well to innovate and adapt in a rapidly changing world."

Entrepreneurial Spirit and Innovation

The entrepreneurial spirit of Generation Z is noteworthy. They are not just job seekers but also job creators, leveraging technology and innovative thinking to launch startups and drive significant changes across industries.

Paul Redmond, Director of Student Life at the University of Liverpool, states:

"The adaptability and tech-savviness of Gen Z make them particularly adept at navigating the complexities of modern work environments. Their open-mindedness towards diversity is a significant asset in today’s globalized economy."

Environmental Awareness and Social Contribution

Generation Z is deeply aware of environmental issues and is committed to making a positive impact on society. They advocate for sustainable practices and are actively involved in social and environmental causes.

Alexis Abramson, Dean of Graduate Education at Northeastern University, comments:

"Gen Z's proficiency with technology, coupled with their entrepreneurial mindset, sets them apart as a generation capable of driving significant advancements in various fields."

Conclusion

The superiority of the new generation is evident in their technological adeptness, higher educational attainment, commitment to diversity, entrepreneurial spirit, and social awareness. As we prepare for the "Generation Cross-Border" event, it is essential to recognize and celebrate these qualities that position Generation Z to lead and innovate in an ever-changing world.

I look forward to exploring these themes further at our event and discussing how we can harness the potential of this remarkable generation.


Wednesday, June 26, 2024

2426 The Power of Time-Discounted Actions

 

In our recent journey, my sister Mariko’s remarkable initiative demonstrated the profound impact of time-discounted actions. By prioritizing swift decision-making and immediate action, she navigated through a challenging situation with outstanding results. Her approach has brought significant success, proving the effectiveness of acting promptly rather than delaying.


Mariko’s Proactive Steps: A Timeline

Mariko's actions serve as a prime example of the benefits of time-discounted actions. Here’s how her quick decisions and agile steps brought about positive change:


17th May: Mariko consulted a specialized doctor and discovered a promising new treatment method.

19th May: She made the decisive move to pursue this treatment for our situation.

23rd May: We received an invitation letter from the general hospital, allowing access to the new process.

27th May: The inspection process began at the hospital.

Achieving Remarkable Outcomes in Just Two Weeks

In less than two weeks, from 17th May to 27th May, Mariko managed to navigate through all necessary steps to start the new treatment process. This swift progression highlights the power of time-discounted actions, as she quickly moved from consultation to initiating the treatment process, achieving her desired outcome in an impressively short timeframe.


Overcoming Challenges Through Timely Actions

Initially, we faced skepticism and incomplete information from media coverage. The sporadic updates provided limited insights into the success stories. However, Mariko’s determination to act swiftly and gather comprehensive information proved crucial. By not relying solely on passive news intake, she ensured that we took timely steps to benefit from the new opportunities.


The Importance of Agile and Timely Actions

Mariko's swift actions, prioritizing immediate intervention over waiting, were instrumental in achieving success. Her ability to act promptly, rather than waiting for the perfect moment, showcases the power of decisive and informed decision-making in challenging scenarios.


Embracing Time-Discounted Actions for Success

Thanks to Mariko’s proactive approach, we navigated through a complex situation and achieved results that seemed initially out of reach. This experience underscores the value of seeking out information and taking timely actions. Mariko’s approach serves as a powerful reminder of the impact that time-discounted actions can have in navigating complex situations and achieving positive outcomes.


This journey has not only brought hope and success to our family but also serves as an inspiring example of how proactive decision-making and time-discounted actions can lead to remarkable achievements. We are grateful for Mariko’s relentless efforts and look forward to sharing more positive updates on our progress with this new approach.


Tuesday, May 7, 2024

2419:A Guide for Young Entrepreneurs Post-Graduation

 



As young adults step off the graduation stage, they face a myriad of career paths, each beckoning with its unique challenges and rewards. Unlike previous generations, today’s youth are increasingly drawn to the allure of starting their own ventures right out of college. The shift towards entrepreneurship is palpable, fueled perhaps by diminishing parental pressure and a cultural move away from the traditional "corporate ladder" approach. However, while the entrepreneurial spirit is to be celebrated, there's also wisdom in pacing oneself and considering a more traditional employment route, at least initially.


Why Consider Working for Established Companies?


Understanding Business Norms: Launching directly into a startup can be exhilarating but also isolating. Without experience in established companies, young entrepreneurs might find themselves unfamiliar with industry standards, business etiquette, and operational strategies. This gap in knowledge can become a source of anxiety and challenge later on, potentially complicating business decisions.


Skill Acquisition: Larger, established companies often provide structured training programs, mentorship opportunities, and a variety of projects that equip young professionals with critical skills. These experiences are invaluable; they not only enhance your resume but also prepare you for the multifaceted challenges of running your own company.


Network Building: Working in a reputable firm exposes you to a network of professionals across various levels of expertise. These connections can prove essential as you embark on your own business venture, offering both support and potential partnerships.


Financial Stability: A steady paycheck allows for financial security, which is crucial when planning to bootstrap a startup. It gives you the liberty to save up capital needed for future entrepreneurial endeavors without the immediate pressure of making your business profitable.


The Value of Patience and Long-Term Planning


The journey through your twenties and even thirties should be viewed as a formative period, one where you can afford to explore and sometimes even take the longer path. The idea that you might spend a few years in a corporate role should not feel like a detour but rather an essential phase of preparation and learning.


In this age, where life expectancy and working years are extending, spending four to ten years learning the ropes can still be considered a prudent investment in your future. The lessons learned and the networks built during this time will be assets that no immediate venture can offer.


Encouragement for Aspiring Entrepreneurs


For those drawn to the startup world, consider balancing your enthusiasm with strategic preparation. While the entrepreneurial route is undoubtedly rewarding, combining it with the experience gained from traditional employment can set a more robust foundation for success.


Remember, every step you take builds upon the last, and no experience is ever wasted. Whether you find yourself in a sprawling corporate office or a dynamic startup garage, each day is a stepping stone towards your ultimate career goals. Embrace each opportunity with openness and curiosity, and let your career journey be as unique as your ambitions.


To all young graduates, the world is your oyster, and the paths you choose now, be they direct or winding, are yours to forge with wisdom and passion.


Wednesday, February 7, 2024

2406: Turning Challenges into Sweet Success: A Lemonade Tale from the M&A World










Introduction:

In the dynamic world of mergers and acquisitions, the path to success is often paved with unexpected challenges. Just like the old adage goes, "When life gives you lemons, make lemonade." This couldn't be more true for the journey we recently embarked on with a client. Our mission? To secure a tenant for a retail space. Simple, right? Not quite. What ensued was a series of setbacks that tested our resolve, but ultimately led to a potentially sweeter outcome than we had initially imagined.


The First Lemon: Rejection due to Inexperience

Our initial attempt to secure a tenant fell through when the first candidate, though enthusiastic and ready, was rejected by the property owner. The reason? A lack of substantial business experience. This setback was a blow to our plans, but it forced us to reassess our approach. We learned a valuable lesson in vetting potential tenants more thoroughly, ensuring they met all criteria set by property owners.


The Second Lemon: Missed Opportunities

Not one to be deterred, we quickly found another promising candidate. However, as luck would have it, this opportunity slipped through our fingers – the space was already booked. This second hurdle tested our perseverance, but it also highlighted the competitive nature of real estate and the importance of timely decision-making.



The Sweet Lemonade: A Better Opportunity Emerges

Just when we thought our options were dwindling, we stumbled upon a gem – an excellent vacant spot, arguably better than our previous options. This location, with its superior features and potential for high foot traffic, was a game-changer. It's a reminder that sometimes, the best opportunities come unexpectedly and may even surpass our original expectations.


Conclusion: Awaiting the Final Seal of Approval

As we stand now, we are on the cusp of securing this prime location. We await the owner's approval with bated breath, hopeful and ready. This journey has taught us that resilience, adaptability, and a positive outlook are crucial in the face of adversity. In the world of M&A, as in life, not every setback is a defeat; sometimes, it's just the universe's way of nudging you towards something better.


So, to all those navigating the complex waters of business deals and negotiations, remember: every challenge is an opportunity in disguise. When life hands you lemons, don't just make lemonade – aim for the best lemonade the world has ever tasted.

Wednesday, December 27, 2023

2322 Navigating Procrastination and Time Discounting: A Reflection on Scotto Allan's "Built For Stealth"



 In my previous blog (No. 2320), I promised a series on Totalitarianism, but I've shifted focus to a topic that resonates deeply with many of us: improving our time discount rate, a key theme in this blog. I stumbled upon an intriguing book that aligns with this endeavor: "Built For Stealth: Key Principles for Building a Great Life" by Scotto Allan, discovered during my search for new Audible content.


Scotto Allan, a notable figure in life skills and empowerment, addresses a critical aspect of human behavior in this book: procrastination. He argues that this tendency disrupts our progress and leads to losses in time, money, and pride, likening its impact to compound interest. The book delves into common reasons for procrastination, such as fear of error, disinterest, lack of eagerness, and absence of confidence.


While Allan's insights are compelling, I hold a nuanced view. Procrastination, in my opinion, is a more complex issue, intertwined with decision-making processes that extend beyond the scope of his analysis. The book, however, offers pragmatic advice for those who acknowledge their procrastination habits and seek improvement:


Self-Analysis: List your pending tasks.

Decision-Making: Choose the easiest action from your list.

Execution: Implement your chosen action.

Despite my theoretical agreement, I find Allan's approach somewhat idealistic. It raises a question: How effectively can individuals prone to procrastination recognize and address their habits?


Personal Reflection


Given the book's status as a bestseller, it undoubtedly presents a viable solution for those aware of their time discounting issues. Personally, I can adopt about 20-30% of the recommended habits, depending on my mood. My confidence in fully embracing his advice wavers.


A motivational phrase that resonates with me is, “When are you going to do it? NOW is the time!” Popularized in Japan in 2013 by Osamu Hayashi, a renowned preparatory school teacher, this simple yet impactful statement helps realign my focus when I stray.


Final Thoughts: A Balanced View for Personal Growth


"Built For Stealth" by Scotto Allan stands as a beacon for those aspiring to enhance their lives, offering insights and strategies that can be profoundly transformative. Its principles, rooted in tackling procrastination and enhancing life skills, are universally applicable, providing a roadmap for personal growth and empowerment.


However, it's important to acknowledge that while the book presents a compelling framework, its application might be demanding for some. The strategies and habits Allan recommends, though beneficial, might appear somewhat ambitious for the average individual. This does not diminish the book's value but rather highlights the need for each reader to adapt its lessons to their own unique circumstances and capacities.


In essence, the book is an invitation to challenge oneself, to step beyond comfort zones, and to embrace personal development. Whether you find yourself seamlessly aligning with Allan's recommendations or adapting them to fit your pace and lifestyle, the core message remains the same: improvement and growth are continuous journeys, and every step, no matter how small, counts towards building a great life.


So, whether you are someone who readily embraces change or someone who takes gradual steps towards it, "Built For Stealth" offers a perspective worth considering. It's a guide that encourages, but does not demand, a reevaluation of one's approach to life and procrastination, making it a recommended read for anyone on the path of self-improvement.