Message from Kojima-san

Summary

In Hitachi’s Midterm Plan 2024, the company outlines its vision to lead social innovation through digital, green, and innovative strategies. The focus is on empowering leaders to be transformational, driving change, and achieving societal impact, particularly in sustainability and social infrastructure. Hitachi emphasizes the importance of purpose-driven leadership, employee motivation, and continuous learning to stay competitive in a rapidly evolving marketplace. Leaders are urged to set clear goals, execute strategies effectively, and inspire their teams to tackle global challenges. The message encourages action, collaboration, and a commitment to resolving societal issues.

Takeaways

• 😀 Hitachi's Midterm Plan 2024 aims to address global challenges through data and technology to build a sustainable society while respecting planetary boundaries.
• 😀 The core of Hitachi's business strategy focuses on social innovation, with an emphasis on decarbonization, recycling, social infrastructure, safe travel, and healthier lives.
• 😀 Hitachi seeks to grow globally through co-creation with customers, focusing on digital, green, and innovative solutions, leveraging the power of Lumada.
• 😀 Diversity, equity, and inclusion, along with human rights, are fundamental to Hitachi's approach in fostering employee motivation and organizational culture.
• 😀 The success of social innovation relies on individuals taking personal responsibility for growth and contributing to a collective goal of societal betterment.
• 😀 Transformational leadership is emphasized, with leaders expected to inspire and engage stakeholders to drive change and innovation.
• 😀 Leaders must define a clear purpose, rooted in resolving social and environmental issues, to motivate teams and align efforts towards common goals.
• 😀 Execution of strategy is crucial; having a strong strategy is not enough without effective implementation and follow-through.
• 😀 Hitachi encourages leaders to cultivate purpose-driven strategies and foster an environment that promotes continuous learning and growth among employees.
• 😀 Employees must be encouraged to overcome challenges and foster a culture of innovation to stay competitive in the fast-evolving digital and green sectors.
• 😀 Leadership development is vital, with an emphasis on managing human resources to reflect individual strengths, career aspirations, and a globalized, diverse workforce.

Q & A

What is the core vision of Hitachi’s Midterm Plan 2024?

The core vision is to leverage data and technology to create a sustainable society, focusing on well-being while respecting planetary boundaries. Hitachi aims to achieve this through its social innovation business, which will drive global growth through digital, green, and innovative solutions.

How does Hitachi plan to engage its employees in its Midterm Plan 2024?

Hitachi plans to engage its employees by promoting diversity, equity, inclusion, and ethical standards. The company emphasizes the importance of increasing employee motivation and creating an environment that allows each individual to perform at their highest potential.

What does the term 'transformational leadership' mean in the context of the speech?

Transformational leadership refers to the ability to change work processes and value creation to achieve goals. It involves breaking down silos, inspiring stakeholders, and transforming the mindsets and actions of subordinates, team members, and even business partners.

Why is having a clear purpose important for leaders at Hitachi?

Having a clear purpose is crucial for leaders because it helps guide actions, align teams, and engage stakeholders. A well-defined purpose ensures that leaders can inspire others and effectively contribute to solving social issues, particularly environmental challenges.

What challenge does Hitachi identify in the execution of business strategies?

Hitachi identifies that the biggest challenge is not in creating great strategies, which can be outsourced, but in executing those strategies. Effective strategy execution requires strong leadership and the ability to follow through on plans.

What are the core values Hitachi leaders are expected to embody?

Hitachi leaders are expected to embody the company's founding spirit, which includes values of sincerity, harmony, and pioneering spirit. Sincerity means acting in the best interest of society, harmony involves collaboration and leveraging individual strengths, and pioneering spirit drives innovation to achieve goals.

How does Hitachi view the role of human capital development in achieving its Midterm Plan 2024?

Human capital development is seen as essential for maintaining a competitive edge in the marketplace. Hitachi leaders are encouraged to focus on managing and developing the individual strengths and career aspirations of employees to maximize their potential and support the company’s growth.

What is expected of leaders in terms of strategy and execution?

Leaders are expected to develop purpose-driven strategies and ensure successful execution. They must prioritize strategy execution, focusing on delivering tangible results and overcoming challenges to achieve the company’s goals.

What is the significance of the 'pioneering spirit' in the context of Hitachi’s goals?

The pioneering spirit represents a commitment to using novel approaches and venturing into new areas to achieve the company’s goals. It is a key driver for innovation, allowing Hitachi to differentiate itself and tackle new challenges in the marketplace.

How does Hitachi approach leadership in a global and diversified workforce?

Hitachi emphasizes the need for leaders to manage human resources in a way that reflects individual strengths, career aspirations, and motivations. This approach aims to stimulate employee growth, foster diversity, and maximize the potential of a global workforce.