
Improving the ability to
understand numbers Devising
business strategies as a team
Google/Amazon/Facebook/Apple (GAFA) are the four corporate giants leading the world today. Many of their founders have a knack for science and have studied computer engineering. They founded their companies on their specialized knowledge of IT and creative ideas, and have achieved considerable success. These four companies are leading the world, all unparalleled and unbeatable. As implied by the terms “faculty of technology” and “faculty of engineering,” a faculty of engineering aims to cultivate engineers who specialize in learning about technology and who can succeed in society. On the other hand, a corporate leader who is trying to be successful on the global stage is required to analyze world market trends, devise solid strategies for success, and possess the ability to accurately manage people, things, and money involved in their business. The School of Engineering of Tohoku University offers a special course called the “International Strategic Competence Training Course” for students who want to acquire the skills of creating strategies and understanding companies and the world from a numbers perspective while learning at a school of engineering. In addition to learning about international affairs and the basics of financial statements which reflect a company's overall soundness, this course mainly holds discussions and studies corporate analysis and business proposals while learning from managers and young employees. Ibuki Masuda, a junior at the Department of Materials Science and Engineering of the School of Engineering, is one of the students of this course. He says he decided to take this course because he wants to broaden his horizons beyond the mathematics, physics and chemistry he is studying at the School of Engineering. He explains, “The students in this course share a desire to succeed on a global level. Our ability to understand numbers has considerably improved from our studies thus far, but what is important is to examine for ourselves what companies think about and how business strategy is conducted by the way money is moved around. The challenge going forward is predicting how companies will act in the next 10 to 20 years based on past information contained in their financial statements.”In this course, students grouped in teams tackled the subject “Strategies for Softbank to Surpass Amazon in Business.” Masuda's team examined Softbank's telecommunications business which is its core business. Based on the concept of MaaS (mobility as a service) wherein all means of transportation such as cars and airplanes are connected by data, they devised a strategy for Softbank to lead the efforts to make MaaS a reality in Japan. He says, “Our team had three members, one of whom was a student at the Faculty of Economics. The other member and I who were from the School of Engineering tended to focus purely on logic and on analyzing whether it had any flaws, whereas the economics student was good at following numbers while at the same time maintaining a broad perspective on ethical and conceptual issues and contribution to society. When our discussions were stuck because we were too focused on some details, the economics student would say, “Let's ignore this for a moment and approach it loosely,” and that helped us to move forward. From this experience, I learned skills for role-sharing to move as a team by relying on other people's help in areas where you may be lacking. I also learned many other things such as information-gathering skills, and how to better communicate within a team when sharing information.