The world economy is seemingly changing by the day, with the globalization of workforces, information and businesses continuing unabated and transcending national borders. Amid all this change, MC aims to build up its strength and become an even more powerful force globally.
In an era of increasing uncertainty, it is vital to accurately grasp conditions and make accurate management decisions. To this end, on June 1, 2009 MC adopted a new global management structure to strengthen regional coordination. Specifically, in addition to Japan, MC divided the world into four regions (Americas; Europe-CIS, Middle East & Africa; China; and Asia & Oceania). A Regional CEO is assigned to each region. Each Regional CEO is endeavoring to ensure that optimal activities are conducted on a consolidated basis in each region by overseeing regional offices. With Americas, and Europe-CIS, Middle East & Africa, MC has appointed Chief Regional Officers (CROs) responsible for North America, Latin America, Middle East and Africa. The operational responsibilities of the Regional CEOs in each of these regions have been divided among the CROs. Under this framework, MC will improve the dissemination of information from each region, including Japan, with the goal of developing a more sophisticated global strategy on a consolidated basis.
The current era also demands that MC build an earnings base for the future overseas, particularly in emerging markets, while controlling risk. MC is focusing on three countries—China, India and Brazil—and working as one company to capitalize on growth in these markets.
Structure to Promote Companywide Global Strategies
