Innovation at Omron

Every generation needs a revolution - an entrepreneurial revolution

Rizal Philippines
January 29, 2017

The President of Omron Yoshihito Yamada spoke at NHK on the two things that propelled Omron, the maker of sensors and other innovative devices that changed the world we live in like cash counters, cash dispensers, ATM machine, portable BP devices automated ticket machine and many many more.

Yoshihito Yamada CEO of Omron at NHK at Direct Talk

They are innovation, and commercialization of those innovation

What do you think of this game changing ideas in a business?

The President used to be in sales and his project was the BP measurement devices.  They made a campaign to get people to use the device:  people should measure their BP to avoid heart attacks and strokes.   And their sales of portable aneroid sphygmo shot up.  Innovation is risky, and they had many failures too

China's strategy to jump start economy

Every generation needs a revolution - an entrepreneurial revolution

Rizal Philippines

January 23, 2017

From Bloomberg - rebalancing Chinas economy

NHK recently featured China's strategy to jump start economy.  It is moving development to 3rd tier cities relocating many migrant farmers from 2nd tier cities.  It is called hukou.  I t will help soak the excess housing in the 3rd and fourth tier cities, and create more consumer driven economy
How we wish we could do that as we legislate in creating cities, we should invite give incentives  to industries and developers to move to this cities.  Thus decongesting MM and evenly spreading  progress at the country side.  Some cities like Sto Tomas, Tanauan  Bacoor fall into this mold;  but others do not. (natural ;progression because of MM spill over?)

China has finally encouraged labor mobility following years of restrictions

But the documentary says that such move, sound as they may from macro economic point of view has dire consequences in the lives of the farmers.   Many simply can not adopt to the changes. The farmers former businesses are demolished and they are forcibly forced to move out.   There is lack of consultation with the those affected parties and lack of safety net to those affected. It would have been perfect.

We lack the thoroughness in the country to plan this way, and to give the same support to spread development and entrepreneurship across the nation