Speaking at WEF Davos 2018, the Mitsubishi Heavy Industries chairman stressed the importance of chowa by highlighting the company's partnership with Siemens to create Primetals Technologies, an example of competing global engineering companies working together harmoniously.
As the world becomes more interconnected, it also becomes fragmented in many ways. The digital age is rapidly transforming the workplace and work itself in the manufacturing sector, so the business world may need a new approach. Chowa - a spirit of harmonious partnership, may be an answer.
Responsible and responsive leadersip was the main theme at the World Economic Forum Annual Meeting 2017 in Davos, while working in partnership was the main topic at Davos 2018. But what does this mean for manufacturers and what is expected of their leaders?
As economic development has spread, cities in many emerging economies have repeated one of the key transport-policy mistakes of western countries — they have allowed space-inefficient private cars to become an important mode of transport in dense cities.
With the world population set to reach nearly 10bn by 2050, higher agricultural yields will be needed to meet the demand for food — just as the likely effects of climate change intensify.