THE GLOBAL WORLD AFTER CRISIS TOWARD NEW ECONOMIC AND ENTREPRENEURSHIP MODELS. KYUDO - KEY CONCEPT OF GROWTH STRATEGY IN JAPANESE SOCIETY

Toru Takahashi, Ana Damaschin, Andra – Stefanica Grosu, Nitin Hingarh and Seiko Adachi

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2021, vol. 15, issue 1, 629-637

Abstract: Today it is too early to know precisely how much the post-COVID-19 world will be different from what it was in the past, but some important lessons have already become apparent. First, the pandemic has reminded us how much we need to address persistent structural problems facing the entire world. Second, today's pandemic crisis has shown that we must build back better. The 2021 can be the year of transition, and individuals, businesses, and society need to start shaping their futures rather than just grinding through the present. Enterprises have spent much of the past nine months struggling to adapt to extraordinary circumstances, but the next normal is likely to be different. It will not imply going back to the conditions that prevailed in 2019. Indeed, just as the terms pre-war and post-war are commonly used to describe the 20th century, generations to come will likely discuss the pre-COVID-19 and post-COVID-19 eras. This paper discusses some business and leadership trends that will shape the next normal by using KYUDO (Japanese archery) as a key concept of growth strategy. The authors attempt to synthesize how society changed forever due to the COVID-19 crisis from a social point of view and why Kyudo can be considered a new successful business strategy.

Keywords: COVID-19; economic challenges; global context; new normal. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:15:y:2021:i:1:p:629-637

DOI: 10.24818/IMC/2021/03.19

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