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267: Time When Doing Business In Japan

267: Time When Doing Business In Japan

FromThe Leadership Japan Series


267: Time When Doing Business In Japan

FromThe Leadership Japan Series

ratings:
Length:
11 minutes
Released:
Aug 8, 2018
Format:
Podcast episode

Description

  Time When Doing Business In Japan   Time is life, time is money and time is your business.  Business decisions are glacial here in Japan but buyer expectations of you regarding your response and follow times are exceedingly high.  Tokyo especially bustles along.  You see it in the mornings. I catch my subway train around 7.15am in the morning and to my astonishment I see people dressed for business, running through the subway station.  Why are they running at 7.15am in the morning? Who knows, but it just reinforces that things are moving fast here in this crazy capital.  The pace of life is fast so we have to be very well organised to keep up with buyer’s expectations.   It is so much harder to be well organised today.  Emails are hitting our inboxes like a tsunami, just wave upon wave of new emails, without remorse and without relent.  You cannot call any one anymore either because they are in meetings, everyone is in meetings.  You know your email will get drowned in their inbox and you cannot get them on the phone, so making contact with people in business is so much harder.  I thought all these cool tech thingees we have today would make business easier but that is not necessarily the case on all aspects. Our windows to people are getting more narrow and our time openings more compressed. So we have to become like demons on speed when it comes to better organizing ourselves.   One important aspect of that is planning our day.  Now for some people reading this they may be thinking, “forget that, I am a free spirit, I am going to do it my way.  I don’t want to be bound by rules and schedules. I need the muse to come out and I want to run my business that way”.  I very much doubt you are operating at maximum performance this way and the cold hard reality is we have to plan our days extremely efficiently, because we are all so time poor.  Other people may be thinking, “yeah, yeah, I know all that, I know I have to prioritse my day”.  It reminds me of my 17 year old son, who whenever I tell him to do something says “yeah, yeah Dad, I know” but then doesn't do it.  We all know what we should be doing but it doesn’t mean we actually get around to doing it.    What should we be doing? We should be seeing our time management in holistic, whole of life terms.  There is no point just planning for business because your life is multifaceted and there are many areas apart from work which need attention.  We play more than just a business role in our lives. I am a husband, a father, a colleague, a leader, a salesman, a writer, an investor, perpetual student, a friend, etc.    Every one of these roles had priorities which must not be sacrificed just for the business component. We need to work out what our respective roles are and plan our goals and priorities for each of these roles.  That old saw about “nobody on their deathbed wished they had spent more time down at the office” is true.  The way to make sure that doesn’t happen is to make sure you have specified goals organized in priority order for all aspects of your life. When it comes to daily planning, we draw on these and make sure that all priorities both business and otherwise are covered off.  The classic is you are too busy working in your business to get your taxes done in time or get your expenses claims completed.    This is when you know that you have a failed time management system in place.   Start with your goals and review the priorities you have set and then see if any of these need to be injected into today’s schedule?  That will capture both business and non-business objectives.  Calling your aged parents every week should be in there. Spending time to watch your kids play sports should be in there.  Reading about investment information should be in there.  Getting your tax submission documentation should be in there, especially in Japan, as they don’t allow late submissions or extensions.  The point is your life is multi-faceted and so should your goals and prior
Released:
Aug 8, 2018
Format:
Podcast episode

Titles in the series (100)

Leading in Japan is distinct and different from other countries. The language, culture and size of the economy make sure of that. We can learn by trial and error or we can draw on real world practical experience and save ourselves a lot of friction, wear and tear. This podcasts offers hundreds of episodes packed with value, insights and perspectives on leading here. The only other podcast on Japan which can match the depth and breadth of this Leadership Japan Series podcast is the Japan's Top Business interviews podcast.