Japanese companies are still suffering from low earnings and profits, legacies of the collapsed "bubble economy" of the late 1980s. Among the sufferers are the biggest electronics firms in the country: Fujitsu, Hitachi, Mitsubishi Electric, NEC, and Toshiba.
Just beyond the typical business time horizon are significant new technologies that will change our lives. These emerging technologies, not yet fully realized and still outside the arena of competition, will create enormous opportunities – and huge threats.
We are engaged in a series of conversations with chief executives of large international companies about the ways they define, promulgate, and implement standards of ethical behavior in their firms. This progress statement is intended in part to prompt responses from Prism readers.