Some foreign companies take the position of the president/managing director in Japan as just a testing career path for the head offices' persons.

But just 1 year turn over of the president causes the lost of the trust. In order to avoid this negative situation, many such companies re-define the term of the contract for the president longer.

Actually , this cause another issue, which is that the managing directors with poor performance or lots of troubles, stay longer although normally should have been fired (of course, they are not as bad as criminal or illeagal stuff), because frequent change loses the customers' trust.

That's really annoying. For such companies, many capable or able employees will leave.

ＥＣＢによると、第２弾の期間３年流動性供給オペ（ＬＴＲＯ）資金の初回繰上げ返済は総額６１１億ユーロとなる見通しで、市場予想の１３００億ユーロを大きく下回った。

コモンウェルス・フォーリン・エクスチェンジの首席市場アナリスト、オマー・エシナー氏はこれについて「ＥＣＢのバランスシート縮小が予想より遅いペースにとどまることを意味する」と述べ、「ユーロ圏の回復に対する信頼感が一段と損なわれる」との見方を示した。

今週末のイタリア総選挙をめぐる不透明感から、同国の銀行が返済を見送った可能性があるとの指摘も聞かれた。

イタリア総選挙の行方をめぐっては、中道左派を率いるベルサニ氏が改革推進に必要な安定多数を確保できるかどうかアナリストの見方が分かれており、投資家の間では政権基盤の不安定化やベルルスコーニ前首相復活などの可能性が不安視されている。

-------------------------------------------------------------------------------

さて、次のユーロの展開が楽しみ。

おそらく、イタリア総選挙の不透明感なんてものは一時的なこと、長期で見ると、ユーロ安になっても、ドイツが製造（輸出）業で儲かるし、ユーロ高になると、消費（輸入）で内需が潤う、どっちに行ってもバランスする。ただ、今のこの動きの問題は、展開が速すぎるということだ。

メルセデスベンツ

ボッシュ

コンチネンタル

ケルヒャ

-------------------------------

これらは、日本で成功しているドイツ企業（製造業）である。

そして、これらに共通する経営的な特徴として、日本のマーケットの特徴に対応した形で特別な製造ラインを世界中のどこかに設けているということだ。

つまり、それは仕様であったり、特別な品質基準であったりと様々であるが、入り口の段階で、こういったことを行っていくのは当然重要であるが、ある程度の市場地位を確立した上で標準化を促進させるという他の外資企業の戦略を取らずに日本のマーケットの要求に常に対応しているのである。

逆に言うと、標準化を適応しようとすると日本のマーケットから追い出されるのかもしれない。

Because global organizations find it harder to fill critical positions, talent management strategies are even more important. Supply management professionals keen to the situation struggle to land top recruits in emerging markets and know that preparing their own staff to step seamlessly into management slots becomes a critical strategy.

--------------------------------------------------------------------------

Now I'm struggling with finding people to meet our company's strategy and vision.

If you find people meeting all the criteria, that is tough and difficult but if you downgrade the criteria it might be easier to find people but it will mean you take risks.

What are the tasks or actions of leaders? According to Tom Peters, management consultant, "Leaders focus on the soft stuff. People. Values. Character. Commitment. A cause. All of the stuff that was supposed to be too goo-goo to count in business. Yet, it's the stuff that real leaders take care of first. And forever. That's why leadership is an art, not a science. John Wooden, Hall of Fame basketball coach, echoes this sentiment. "Knowledge alone is not enough to get desired results. You must have the more elusive ability to teach and to motivate. This defines a leader; if you can't teach and you can't motivate, you can't lead." (Supply Management Leadership)

---------------------------

Motivating people is essential and key factor for leadership. That is true and some people misunderstand that the threat or compulsory is essential but it is not.

Investor reaction is decidedly negative over the defeat of the more business-friendly Mitt Romney and the continued gridlock in Congress that makes it tough for lawmakers to avert a fiscal policy crisis by year-end.

The benchmark Dow remains below the psychologically significant 13,000, not seen since Aug. 3. The Standard & Poor's 500 index and Nasdaq composite index ended down 2.3% and 2.5%, respectively, with stocks in nearly every industry lower.

DON'T PANIC: Sell for good reasons, like these

TRACK STOCKS: Get real-time quotes with our free Portfolio Tracker

The Dow, which settled at 12,933, had its lowest close since Aug. 2; the S&P 500 and Nasdaq had their lowest closes since Aug. 6.

Wall Street pros said negative sentiment was amplified Wednesday after European Central Bank President Mario Draghi expressed concerns ahead of the U.S. market open about the outlook for Europe's economies, especially Germany.

Others said much of the sell-off is coming from computerized trading programs, which trigger huge sell-offs of stocks at pre-set prices hit versus investors making decisions on the spot about what they think of a stock's outlook. One exception: Apple (AAPL) shares closed at $558.13, off 3.8% Wednesday. That puts the computer and gadget maker in correction territory, which is still about off 20% from its September intraday high $705.07 a share.

Investors are focusing on what Obama and Congress will do to avert the looming so-called "fiscal cliff." The biggest fear is Washington's inability to compromise in a lame-duck session over a host of mandated budget cuts and tax cut expirations set to kick in Jan. 1. Fears are that lack of a deal will roil markets and derail the economic recovery.

Steven Rattner, a former adviser to the Obama administration and a longtime investment banker, told CNBC in an interview that he couldn't "rule out going over the cliff," putting at zero the odds that the president and Congress could forge a comprehensive fiscal compromise before year-end.

"The chances of going off the cliff probably just increased," says Ed Yardeni, chief investment strategist at Yardeni Research.

It almost certainly will be a struggle just after the hard-fought Obama win since a deeply divided Congress remains at a virtual status. Republicans retained control of the House of Representatives, which has final say over budget issues. In the Senate, Democrats still have a slim majority, altered a bit by picking up two seats.

Given that the same political players remain to negotiate a deal, President Obama, in his acceptance speech, stressed the need for bipartisanship. One major source of disagreement is that Obama wants to boost government coffers by taxing the rich. Republicans vehemently oppose that approach. Some Wall Street pros, including Yardeni, believe Obama's win will make negotiations more difficult.

Investors will be closely watching statements from top leaders of both political parties related to the fiscal cliff, notes Tina Fordham, a global strategist at Citigroup. "Their signals matter most," she says.

"The re-elected president must immediately act to avoid the fiscal cliff," says David Kotok, chief investment officer at Cumberland Advisors. "Massive negotiations lie ahead."

The yield on the 10-year Treasury bond is 1.63%, lower than Tuesday's 1.7%. The dollar closed stronger against the euro, which dipped 0.3% to $1.2768, probably more a reflection of ongoing worries about the debt crisis in Europe. Greece faces its toughest vote yet Wednesday on passing $17.3 billion more in austerity measures to qualify for more bailout funding or default on millions of dollars in loans. The dollar did strengthen slightly, 0.3%, against the yen.

Crude oil prices plunged 4.5% to $84.72 Wednesday on worries of oversupply amid weak global demand. Gold prices had been up as much as 2% overnight as investors debated whether an Obama win would affect inflation. But the gains were erased Wednesday. Gold closed down $4.70 cents at $1,723.90.

Overseas, London's FTSE 100 closed down 1.6% to 5,791.63, France's CAC 40 index finished 2% lower at 3,409.59, and Germany's DAX 30 index ended the day 2% lower to 2,258.59. Many analysts said Europe's markets were pushed down by Draghi's remarks Wednesday about the negative outlook for the eurozone, particularly in Germany, the engine of Europe's economy. In Asia, markets ended the day mixed with no major stock index moves.

In morning trading, the Dow had been down 369 points, raising fears that it would take its biggest one-day point drop in a year. The index lost 389.24 points on Nov. 9, 2011, on eurozone debt fears. The blue-chip average's day-after drop so far puts it on pace for its fifth-worst one-day decline following a Presidential Election Day, according to Bespoke
Investment Group. The worst fall was after Obama's first White House win in November 2008, when stocks ended more than 5% lower.

Only when a deal is forged on tax reform, entitlements and deficit reduction, will investors gain the level of clarity needed to deliver a jolt of confidence to markets, says David Joy, chief market strategist at Ameriprise Financial.

"Investors and companies need to know the rules of the game, whether those rules are to their liking or not," says Joy. "A (fiscal cliff) deal is more important than the fact that the election is over."

"After yesterday's 133-point Dow rally, it is not surprising that we are giving some back because the general perception on Wall Street was that a Romney victory would have been better for markets," says Dan McMahon, director of equity trading at Raymond James. "People will have a lot of concerns about the fiscal cliff (getting resolved) and will again question the economic policies and fiscal prudence of the Obama administration." (USA today 2012/11/07)

----------------------------------------------

The main reason for the sharp dicline in DOW is re-election of Obama and mainly his policy of taxing the rich. I cannot be opposed to the trend that people will be more passive about the investment when imposing more tax on the gaining but in this circumstances, rich or investment savvy people re taking short position, which will make them more rich.

But by associating with some German women, I found some common characteristics unique to German women:

They tend not to say, "I can do XXX" unless they master XXX.

For example, speaking to any woman asking if she can speak English, only who speak fluently answer yes and talk, others say "a little" even speak very well.

This is not that they don't like to speak to me. (some people might be but not all)

They might be modest, or perfectionist or just shy.

This is very similar to Japanese women, and men.

So Japanese people are somehow connected with German people.

I haven't heard of many Japanese people are associated with German people. But I think those two nations are similar and getting along with each other.

These two young guys in the below two photoes are taking the rich education program.

Those are both in their early 20's and they guy in the left was working in Shanghai for 6 month last year and the guy the right was working in Australia for 3 month last year just after gratuating university.

They are young and well educated and have guts to study and both of them are taking the weekend course of MBA in local university.

He is much older than those two guys but he used to take to course now he has high commitment to the company as well as work, this is the good investment in people.

About the education system, there are a lot of things to learn.

Not only for young employee, but also middle to old employee's education is important, most of the German companies' retirement age is 68, in Japan, many companies are postponing the retirement age from 60. So Japanese company should learn how to educate middle to old employees from German company.

This guy is Vitterliyy, he is from Ukraine, he is 33 years old, Soviet union was collasped when he was 10 or 11, at that time he didn't even think about going outside of Soviet union or Ukraine where he was living, but when he wa studying at a University in Ukraine, he came to think about working outside of Ukraine, so he took the risk to work in Germany just after graduating University and after 8 years, he passed all the tests of German government and he got a citizenship together with his wife who is also from Ukraine.

He has guts and It was really nice for me to have him in the same company.

This guy is Mahar, he was born and raised in Germany, but his parents are from Jordan, so he speaks Alabic, he looks Arabic, but his behaviour and way of thinking is typical German, very logical and based on the fact, but in his mind, some Arabic nature, very nice part of mosque, like sharing welth with poor person or be nice to the new person are included, so such characteristics differentiate with other German people in the good ways.

This guy is Omar, he was born and raised in Germany but his parents are from Morocco. So he also speaks Arabic as Mahar.

He is more aggressive than other two persons above, he is managing the makerting over Africa, Middle east and Japan, where the market share is small though there is bigger potential.

The interest thing is his way of pressuring people to do something (persuading), he is trying to explain everything what he knows and what he thinks about.

He is also good listener and if he is wrong he easily admits and changes his direction.

They are nice people to work with and talented.

And why many talented people or their parents chose to immigrate in Germany?

That answer has not been changed for decades:

In Germany, compared to the other countries, the cost price is low, daily product, real estate, cars, are cheaper, although the wages are higher (of course, price is not cheapest, and wages is not highest).

And more over, unemployment rate is low.

This ballance is very attractive for the people especially high educated people outside.