Importance of Affluent Luxury Tourism to Local Economies

The importance of luxury tourism for the wealthy to local economies is generally considered to be fivefold

1. increased economic impact: The wealthy have high spending power. Affluent people have high spending power, and when they visit a region, they bring significant economic benefits to businesses such as accommodations, restaurants, and tourist attractions.

2. increase the brand value of the region: They seek quality services and unique experiences. They demand high quality service and unique experiences, and their reputation enhances the brand value of the region.

3. Preservation and promotion of culture and traditions. Traditional crafts, cuisine, festivals, etc. are preserved and promoted as visitors come to the region.

4. Development of local infrastructure. High-quality accommodations and transportation infrastructure will be developed to accommodate luxury tourism for the wealthy.

5. Sustainable tourism: The tourism industry is committed to sustainable tourism. They respect the natural environment and seek ecological experiences.


In other words, luxury tourism for the wealthy will eliminate the problem of overtourism, It is an essential element for the growth and sustainable development of local economies.

However, the current situation is that it is very difficult to attract wealthy people to the various regions of Japan, as is the case in Niseko. First, there is the language problem of not being able to speak English or Chinese; second, there is the cultural problem of exclusion of outsiders; and third, there is the problem of a lack of accommodations and other receiving infrastructure that can satisfy the wealthy.


These problems will take time and money to solve, and it is not easy to solve them in rural areas where there is a shortage of human and financial resources. Under the circumstances where it is difficult to create job opportunities by building Showa-style factories, the government is required to take a major step forward to realize luxury tourism for the wealthy in terms of education and policies in order to acquire job opportunities.




Use of Contracted Employment in the Hiring of New College Graduates

With starting salaries for college graduates now exceeding 300,000 yen at large companies, competition for human resources is becoming more intense in Japan. Reflecting the above, few students from the cities are making U-turns to the regions, so the future survival of regional companies depends on how well they can recruit students who have graduated from regional universities and wish to work for regional companies.


However, students who wish to work for regional companies are generally conservative and tend to dislike domestic transfers as well as overseas assignments. Thus, even if they find jobs, they are not risk-takers who are willing to take on challenges without fear of failure, which is what regional companies are looking for, creating a gap between the supply and demand of human resources.

The solution to these problems is to rethink the conventional employment contracting system, in which employment contracts are made under uniform employment conditions. Specifically, we need to establish employment contracts whereby students sign a contract with a contractor and are paid a salary based on their performance. It is not realistic to conclude a contracting agreement with all new graduates, but I feel that half of them could be employed under a contracting agreement. However, few local companies have the strength to do so, and the preferred form of employment is the outsourced contracting type, in which both the company and the student bear the risk.

There are obvious reasons for students to work for regional companies despite the nearly two-fold difference in starting salaries, such as not wanting to leave their parents' homes. However, it is clear that the locally based business model will collapse in the future as the population of rural areas drastically declines. Therefore, if they continue with their current hiring style, local companies may not be able to bear the employment burden in 10 years. New approaches and employment contracts are required for local companies.



















Succession Planning in Small and Medium-Sized Enterprises

Succession education in small and medium-sized enterprises (SMEs) is critical to ensure the sustainable growth and continuity of the enterprise. Smooth business succession from management to successors is essential to protect the value of the company and pursue new possibilities.

Traditionally, succession within the family has been the norm for small and medium-sized enterprises in Japan, but increasingly talented individuals are taking over as managers through MBOs, third-party succession, and other means. Successor education is time-consuming and is necessary to draw up a long-term growth strategy of five years or more.

Therefore, it is important to establish an appropriate education plan, taking into consideration the period between the decision on the successor and the actual handover. Succession planning in SMEs is important to ensure organizational continuity and growth strategies. Below are five specific methods of succession planning.

1. use of external training organizations:. Identify potential successors early on and involve them in training programs. Provide opportunities for potential candidates to learn management's thinking and culture firsthand.

2. internal on-the-job training Assigning employees to work in the field to gain experience and to multiple departments will help them develop a broad perspective. It is important to enrich their experience by assigning them to new business divisions.

3. tough business experience:. Tough experiences will help them develop their judgment. Consider setting up a subsidiary or sending them to a fast-growing venture company.

4. Work experience at other companies. Have employees acquire knowledge and skills through a combination of in-house work and outside seminars. Provide training in a planned manner to coincide with future business succession.

5. guidance by predecessors:. Guidance by management is effective. It directly conveys management's thinking and judgment, and supports the growth of successors.

By combining these methods, SMEs can achieve succession planning.


Many companies falsely tell new employees that they should take on challenges without fear of failure

When hiring new employees, many companies They want new employees to "take on challenges without fear of failure.

In general, this is to

1. growth and learning

2. innovation and competitiveness

3. teamwork and trust

4. leadership development

5. building a positive organizational culture

The purpose of the program is supposed to be to "build a positive organizational culture," among others. However, in reality, none of the companies are praised when a new employee joins the company and fails. The first priority is to learn the job. New employees do not have the opportunity to try new things, and failures are treated as mistakes. Companies are well aware of the above, The companies are aware of the above and intentionally omit the phrase "when the new employee has grown up enough". The sinister part is that they intentionally omit the phrase "when you have grown up enough. New employees who join a company with a willingness to take on new challenges Despairing of the status quo and are shaped by the corporate culture, and by the time they grow old, they are By the time they are old enough, they have become employees who wait for instructions.

We should conduct our hiring activities with the true intention of "We are looking for employees who are easy to deal with. and abolish the false business of recruiting consultants who deceive new employees.


Initiatives required of business successors

The following efforts are required of business successors who will succeed to the business in the future


1. acquisition of basic knowledge: Successors need to acquire explicit knowledge of business strategy, financial management, risk management, legal issues, human resource management, marketing, public relations, customer service, technological innovation, etc.

2. use of experts: Successors can acquire the tacit knowledge necessary for business success through the advice of experts (e.g., lawyers, accountants, tax accountants, financial advisors, management consultants).

3. human networking: Business successors can acquire tacit knowledge about business management through interaction with senior managers, managers of other companies in the same industry, and government support organizations in the community.

4. Continuous learning: It is important for business successors to continuously collect explicit knowledge about the business, identify trends, and learn about other companies' case studies.

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