An Investor’s Lesson to Entrepreneurs￼
Business has the power to impact society for the better. But that doesn't mean entrepreneurs can't go wrong—and investors know that. Entrepreneur and venture capitalist Doug Mellinger shares some tips for realizing meaningful change.
Investing & Diversity: The Changing Faces of Venture Capitalists
Is the venture capital industry embracing diversity in investors? Watch global venture capitalists from around the world discuss the state of things and what needs to be done for a more inclusive future.
There's more to leadership than driving a team to profit. In fact, there's a word for looking beyond self-interest to prioritize individual growth: servant leadership. Try this course for a quick breakdown of what that is, how it works, and how it can lead to organizational success.
Organizational Behavior and Leadership
Ever wonder what makes a great leader? Whether your role requires leadership or not, understanding organizational behavior is useful for your career. This course from GLOBIS Unlimited can set you on your way.
Leadership vs. Management
Leadership and management are different skills, but today’s leaders must have both. Try out this course from GLOBIS Unlimited to understand the difference, as well as when and why each skill is necessary for motivation, communication, and value.
Strategy: Creating Value Inside Your Company
Have you ever wondered why certain companies are more successful than others? The answer is strategy: internal processes that control costs, allocate resources, and create value. This course from GLOBIS Unlimited can give you the tools you need for that strategic edge.
Strategy: Understanding the External Environment
To plan strategy on any level, you need to understand your company's external environment. In fact, your level of understanding can impact hiring, budgeting, marketing, or nearly any other part of the business world. Want to learn how to do all that? This course from GLOBIS Unlimited is the perfect first step!
Using Japanese Values to Thrive in Global Business
Japanese companies have unique cultural, communication, and operational challenges. But they also have values that have led to remarkable longevity. Check out this seminar to hear how these values help earn trust from overseas head offices and develop employees.
Turnaround Leadership: The Differences Between Japan and the West
What's the best way for leaders to communicate a shift in corporate strategy? How do you even know when it's time for such a change? This course explains how Japan might have one answer, Western companies another.
Conflicts in the workplace are inevitable. But they can lead to positive outcomes if they’re managed well. Check out this online course for a two-step process that can help you manage conflict successfully.
Evernote Founder: How Tech Startups Can Break through in Japan
Can startup models from Hollywood and Silicon Valley succeed anywhere? Phil Libin, cofounder and CEO of startup incubator All Turtles, explains how AI can solve everyday problems to bring products to market.
Women Empowerment: Lessons from Cartier
How can women overcome gender inequality and reach their leadership goals? Cartier Japan CEO June Miyachi shares her secret in this special course from GLOBIS Unlimited.
Marketing: Reaching Your Target
Every company works hard to get its products into the hands of customers. Are you doing everything you can to compete? In this course, you’ll find a winning formula to turn a product idea into real sales. Follow along through the fundamentals of the marketing mix and see how companies successfully bring products to market.
Seeing good products into the hands of customers is no easy task. The marketing mix can help. It's a collection of strategies and tactics companies utilize to get customers to purchase their products or services, and is an essential part of the overall marketing process.
Negotiation: Creating Value
Want to create more shared value between yourself and your negotiation opponent? Discover how cognitive bias affects the judgment of others. Try this course from GLOBIS Unlimited to master the value of negotiation.
Finding Your Life Purpose with Ikigai
Ikigai can guide you in your quest for self-discovery. Listen to Japanese brain scientist Ken Mogi explain why and how.
Maslow’s Hierarchy of Needs
Want to leverage Maslow's Hierarchy of Needs as a leader? Try this short course to see how the theory can be applied in practical work scenarios.
We all subconsciously collect information that reinforces our preconceptions. It's natural . . . but it does lead to a kind of flawed decision-making called confirmation bias. To become more objective and impartial, check out this course from GLOBIS Unlimited!
An Investor's Lesson to Entrepreneurs
Entrepreneurs have the power to transform societies for the better. But how do you attract investors to start or grow a business? Or to sell one? Check out this seminar for the answers to these and more, straight from a master venture capitalist!
Managerial accounting is a powerful way to measure progress, identify problems, and meet your goals. Check out this course to learn how data-backed decisions can help you run your business.
Finance Basics: 1
For a healthy mix of quantitative planning, evaluation, and management, you need solid decision-making. And finance is the secret sauce! Get the essentials of finance in this two-part course from GLOBIS Unlimited.
Basic Accounting: Financial Analysis
Want to compare your performance vs. a competitor? Or evaluate a potential vendor? Then you'll need to conduct a financial analysis. This course will teach you how to use three financial statements and evaluate financial performance in terms of profitability, efficiency, soundness, growth, and overall strength.
What drives you to be good at your job?
Career anchors are based on your values, desires, motivations, and abilities. They are the immovable parts of your professional self-image that guide you throughout your career journey.
Try this short GLOBIS Unlimited course to identify which of the eight career anchors is yours!
Digital Marketing Psychology to Transform Your Business
How does digital marketing really differ from traditional marketing? How is social media changing things really? And what's going on in Asia?
Having the pyramid structure in your communication toolkit can not only help you approach a problem, but convince others that your solution is valid. Break away from linear thinking and test your logical thinking with this course from GLOBIS Unlimited!
Leadership with Passion through Kokorozashi
The key ingredient to success? Passion.
Finding your kokorozashi will unify your passions and skills to create positive change in society. This GLOBIS Unlimited course will help you develop the values and lifelong goals you need to become a strong, passion-driven leader.
AI First Companies – Implementation and Impact
AI is changing the way companies operate. How do you structure teams to increase efficiency?
Technovate in the Era of Industry 4.0
Is Industry 4.0 is the next step of human evolution human civilization? Dr. Jorge Calvo seems to think so. Join him to learn how the past can help you set goals for an exciting future of digital innovation.
Business leaders of tomorrow need to harness the power of technology and innovation. That means understanding algorithms and how they drive business results. Discover opportunities to make technology work for your competitive edge.
Product Life Cycle
Every product takes a natural course through the market—there's a how, when, and why customers adopt products at different stages. Check out this course from GLOBIS Unlimited to find out how a product you use every day is part of this cycle.
Logical thinking is the most valuable asset any business professional can have. That's why logic trees are such a valuable tool—they can help you identify a problem, break it down, and build it back up to a solution.
Using the MECE principle can help ensure you categorize without gaps or overlaps. Check out this course from GLOBIS Unlimited for a practical demonstration of how it works!
Here are three very different companies: a company that makes rice burgers from Fukushima rice, a company that produces soap from seaweed, and a company that uses a disabled workforce to distribute meals to the sick and elderly.
Different as they are, one thing unites the three of them: they are all startups established by social entrepreneurs in Japan’s Tohoku region following the devastation of the March 11 earthquake and tsunami.
What is a social business?
The primary goal of social businesses is not profit. Their goal is positive social impact: to create jobs, to empower the disadvantaged, and to reinvigorate depleted communities.
Many small and medium-sized towns in Japan’s northeast are still struggling to regain their viability almost five years on from the disaster. The destruction of physical infrastructure (houses, factories, fisheries, and farmland) and delays to the rebuilding effort have only accelerated a trend of younger people moving to big cities. Communities are badly hollowed out.
If any region in Japan needs the benefits that social businesses can bring, it is the northeast.
Unfortunately, social businesses come with their own set of challenges. As a rule, they are far from robust. They tend to be small in size, dependent on a volunteer workforce, and reliant on donations for their working capital. That is hardly a recipe for long-term sustainability. Nonetheless, a small proportion of social businesses have business models that are both viable and scalable.
What they need is capital to achieve scale and maintain momentum.
How can social businesses find capital?
Social businesses face the same conundrum many startups do just to get off the ground: where to get capital. But unlike other startups, social ventures are more limited in options. The venture capital industry, in particular, is hardly an option. In my experience, VC money flows to fields like biotech, AI, robotics, and the internet. In other words, areas where high risk is balanced out by high return. Social investment is the opposite: middle-to-low risk, and low-to-no return.
But return on capital is not what social investment is about. Social ventures are about social return. They’re about contributing to the public good—something that ultimately benefits us all.
The concept of social return started gaining traction after the recent financial crisis triggered catastrophic real-world outcomes. What if financiers, whose selfish behavior caused the crisis, directed some of their wealth and intelligence to doing good? What if capital markets broadened their two-dimensional approach by adding impact as a third dimension alongside risk and return?
Who leads the push for social impact investing?
British Prime Minister David Cameron addressed this change in values when he set up the Social Impact Investment Taskforce at the 2013 G8 Summit. The mission of the Taskforce is to explore how to “catalyze the growth of a global market for impact investment.” Sir Ronald Cohen, a pioneering UK venture capitalist, took the lead.
As part of his global evangelizing, Sir Ronald came to Tokyo to deliver a speech on social impact investing (SII) in May 2015, which I was fortunate enough to attend. Our companies had established a joint fund in 1999, so we were already friends. After the speech, he said to me, “Why don’t you set up Japan’s first SII fund yourself?”
In 2011, I had already set up KIBOW Foundation to channel funds to the rebuilding of the northeast. KIBOW has since raised over $1 million and awarded grants of $1,000 to $150,000 to more than 100 social entrepreneurs.
In his speech, Sir Ronald stressed that effective social investment comes from combining the idealism of social entrepreneurship with the practical know-how of venture capitalism. In other words, layering venture capital funding on top of KIBOW’s grants would boost the chances of our being able to create viable, large-scale businesses with a positive impact on Tohoku’s recovery.
I set up a fund of $5 million in September 2015. The fund makes investments of $100,000 to $500,000. The target for this social impact investing project is simple enough: anything that traditional VC isn’t interested in. The social ventures listed above—the rice burger maker, the seaweed soap maker, and the meals-on-wheels distributor—are all companies that the fund has either invested in or is taking a look at.
As the name suggests, social impact investing can have a real impact on changing the world, creating a new meaning for business. Investors who look into these startups may not make much money from them, but capital invested in social businesses pays unbeatable emotional dividends. Doing good for society is rewarding for everybody—and that, as the Mastercard advertisements say, is “priceless.”