
Lessons From Century Club Companies: Managing for Long-Term Success

‘Respecting tradition’
Yoshinori Hara, dean and professor at Kyoto University’s Graduate School of Management, says these long-standing entities, at least 100 years old, are known as ‘shinise’ – literally meaning ‘old shop’.
Hara, who worked in Silicon Valley for a decade, says that Japanese companies’ emphasis on sustainability, rather than quick ma... See more
Yoshinori Hara, dean and professor at Kyoto University’s Graduate School of Management, says these long-standing entities, at least 100 years old, are known as ‘shinise’ – literally meaning ‘old shop’.
Hara, who worked in Silicon Valley for a decade, says that Japanese companies’ emphasis on sustainability, rather than quick ma... See more

For the opposite perspective, consider the Japanese. Some of its citizens recently witnessed the 66th cycle of a ritual that began more than 13 centuries ago. In a city called Ise, people have been rebuilding the grand Jingu shrine with wood and thatch since the 7th century. This Shinto ritual does more than keep the structure intact. It helps the ... See more