Executive Summary
- Hitachi sheds last noncore business in 17-year overhaul
Strategic Deep-Dive
A Message to Japanese Industry: The Emergence of a Nimble Giant
Hitachi’s success story offers hope that even large Japanese corporations, known for their inherently conservative and slow decision-making structures, can embrace bold innovation. By focusing its resources on future growth drivers such as eco-friendly energy infrastructure and digital services, rather than clinging to past glories, Hitachi has transformed into an organization with profit margins and agility on par with tech companies. This serves as a stark wake-up call to global manufacturing conglomerates that have become stagnant, trapped in the pitfalls of business diversification.
While companies resistant to change face obsolescence, Hitachi has demonstrated that those who reinterpret their core competencies in the new language of digital technology can survive the test of time.
