Koji Otsuki is a senior vice president at Mitsubishi Corporation in India who identifies major problems facing companies in India, including corruption, favoritism by government, bureaucratic regulations, excessive taxation, and clashes between central and state government objectives. He believes the government should implement better regulations, tax wealthy individuals at a higher rate, and companies should focus on effective planning and teamwork to improve efficiency.
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Problems Faced by Mitsubishi in India
1.
2. INTRODUCTION
NAME : KOJI OTSUKI
SEX: MALE
PROFESSION: BUSINESSMAN
POST: SENIOR VICE-PRESIDENT,MITSUBISHI CORPORATION,INDIA.
3. SAY
PROBLEMS/BOTTLENECKS FACED BY THE COMPANY IN INDIA
1)Corruption is one of the major setbacks of India.
2)Favoritism and Biased governments are another problem.
3)Heavy bureaucratic system in India.
4)Excessive taxation.
5)Complicated regulations and registrations.
6)FOI is allowed only 49% which makes the Indian partners dominant.
7)Slow judiciary system leads to inefficiency.
8)Central government objectives clash with that of the state government.
4. DO
1) Mr. Koji Otsuki is a very good speaker and I made the right decision by
interviewing him.
2) He spoke very fluently and did not stammer one bit.
3) Although, he was extremely tied up, he made time for my interview as
we told him that it was for a good cause.
4) He answered all the questions to the point.
5) He was very confident.
6) He made several hand gestures to elaborate his points in order to
convey the message.
5. THINK/FEEL
1) I think corruption is indeed one of the major setbacks.
2)Favoritism and biased governments are a big hindrance to the countrys
development.
3)Not only are the rules and regulations complicated, but also not
implemented well.
4) I feel that the central government objectives do often clash with the
state government objectives.
7. PROBLEM STATEMENT
PROBLEM/NEED
1) The government should implement better rules and regulations.
2) The government should charge a higher rate of tax to the rich and a
lower rate of tax to the poor.
3) The companies should focus on effective planning.
4) Every manager should concentrate on teamwork and focus on improving
the efficiency of the organization.
8. PROBLEM STATEMENT
INSIGHT
1) Teamwork makes the dreamwork.
2) Implementation of strict rules and regulations will help eradicating
corruption.
3) Charging a higher rate of tax to the rich and a lower rate of tax to the
poor will bridge the gap between the rich and the poor.
4) Efficiency can be achieved by effective planning, co-
ordination, direction and controlling.