Vol.21-1 (July 2026)
Kenichiro Mizoguchi, President of HRI
For individuals and organizations, risk refers to events that are difficult to predict, or that fall outside the bounds of what can be anticipated or managed. Here, let us consider risk as encompassing both positive outcomes (opportunities) and negative ones (threats). We cannot predict when we will die, whether we will be caught up in an accident or incident,・・・
Impacts of Uncertainty and Risk on Companies and Possible Countermeasures
Masayuki Morikawa
President, Economic Research Institute, Japan Society for the Promotion of Machine Industry
Distinguished Senior Fellow, Research Institute of Economy, Trade and Industry
Heightened uncertainty stemming from global economic conditions, natural disasters, and policy shifts tends to discourage corporate investment and hiring. Companies should enhance forecast accuracy through robust information gathering and the use of AI, while governments play a critical role in reducing uncertainty by improving the predictability of policy frameworks.
Effective Governments, Wealthy Nations: The Urgent Need for Pragmatic Reform
John J. Hamre
CEO Emeritus, Center for Strategic and International Studies (CSIS)
Every generation of humanity in every society experiences developments and disruptions that seem overwhelming and often threatening. We are living in a time of great technical advances and startling political changes, so much so that our circumstances seem more challenging and dangerous than the typical・・・
The Art of Insight Beyond Prediction: Learning from Global Practice and Entrepreneurs
Tatsuhiko Inoue
Ph.D, Professor, Graduate School of Commerce, Waseda Univeresity
This paper argues that in an era of growing uncertainty, managers should move beyond predicting the future at a single point in time and instead combine the two methods: “Janus Cone,” which identifies future trajectories through historical trends, and “Effectuation,” which enables flexible responses to unforeseen events. Together, these approaches allow uncertainty to become a source of value creation.
Masamichi Minehata
Chief Researcher, Global Intelligence and Research Office
Shuntaro Ishii
Manager, Hitachi Research Institute Office (US)
As the external environment surrounding corporate management undergoes major changes in a short period of time, discussions regarding the prediction of and response to uncertainty are diverse. Among the factors that have recently had a significant impact on corporate management are changes in the geopolitical situation and disruptive technological・・・
AI’s Impact on Risk Management: Is it a Factor of Uncertainty or an Enabler of Better Management?
Birud Sindhav, PhD
Professor of Marketing, University of Nebraska at Omaha
The pace of change around organizational risk has accelerated sharply in recent years. Rapid shifts in geopolitical alignments, the frequency and severity of natural disasters, the lingering effects of pandemic-era disruption, and cascading volatility in global supply chains have created an operating environment in which the・・・
Impact of Corporate Governance on Management: The Critical Need for Advancing Risk Management
Chieko Matsuda
Professor, Tokyo Metropolitan University
In 2026, the Companies Act amendment coincides with the third revision of the Corporate Governance Code, which strongly emphasizes growth investments for sustainable value creation. As organizations accelerate these investments, enhancing the capability to appropriately control and manage the assumed risks becomes an urgent imperative. Reflecting these regulatory shifts, this article examines the ideal approach to risk management that should be practiced at the management level.
Enterprise Challenges against Changing Business Environment
Ondrej Vinzens
Enterprise Risk Manager, Hitachi Energy
Hitachi Energy is a global technology leader advancing a sustainable, flexible, and secure energy future. Headquartered in Zurich, the company operates globally, with over 50,000 employees and more than 100 years of heritage in power systems and electrification. Its portfolio spans Products, Systems, Software & Automation, and Services, supporting・・・
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