Capstone – Project
Propose a Holistic Strategy for a Culture of Sustainability at a Multi-national Corporation
A Collaboration Between
Since 1935, Hioki EE. Corporation has been at the forefront of the electrical manufacturing industry, and their track record of environmental and social sustainability activities extends nearly a half century. This year (2021) marks the 45th anniversary of the adoption of The Hioki Philosophy expressed as the company’s “Respect for Humanity and Contribution to Society”. Leadership at Hioki know that in order to be effective, sustainability efforts must be holistic and integrated into the organizational culture and system of incentives and decision-making. Our objective is to elevate Hioki’s commitment and value to global sustainability efforts by developing an organization culture of sustainability, one that extends across our multi-national corporation to endow our employees and other stakeholders with a sense of sustainability ownership and empower individual and collective action.
Project Topics
International Affairs
PR & Communications
Talent Management
Company Information
| Company | HIOKI E.E. CORPORATION |
| HQ | N/A |
| Revenue | 10,000,000 - 50,000,000, |
| Employees | Unlisted |
| Stage | Large Enterprise |
| Hiring Potential | N/A |
| Website | http://www.hioki.com/ |
Company Overview
Hioki E.E. Corporation, headquartered in Nagano, Japan, is a company that designs and manufactures electrical and electronic measuring instruments since 1935 and is listed in the Stock Exchange of Japan. HIOKI electrical measuring instruments are used in a broad range of industries and fields, from the maintenance and inspection of electrical work and equipment to the testing of electronic components used in smartphones and computers and the development of electric vehicles and solar power generation technologies.
Experiential Learning Program Details
| School | Dr. D Y Patil B School (DPU) |
| Engagement Format | - |
| Course | DPU Student Consulting Experience |
| Level |
|
| Students Enrolled | 127 |
| Meeting Day & Time | TBD |
| Student Time Commitment | 8-15 Hours Per Week |
| Company Time Commitment | 2 Hours |
| Duration | 7.14 Weeks |
Program Timeline
Key Project Milestones
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August 3, 2021 - Deep Dive into company, mission and philosophy
- What are Hioki’s mission, history, vision and values?
- What is the company’s brand and reputation?
- What do they do/produce?
- What is the global reach and impact of this organization? For instance, how many locations? How many employees?
- Who are their key partners?
- What is the group’s philosophy, and how does it relate to themes of corporate responsibility and sustainability?
Suggested Deliverable:
Internal report: Who is Hioki?
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August 18, 2021 - Assess the status quo of corporate sustainability-related strategic approaches, activities and initiatives
- How does the Hioki corporation define corporate sustainability and their role in the broader effort toward increased sustainability?
- In what ways is sustainability integrated into the the company’s strategic plan?
- What is the current state of corporate sustainability like (sustainability performance)?
- What is the role of the leadership team?
- Are there specific networks/structures that have been organized to achieve sustainability goals?
- How is sustainability being valued beyond the shareholders’ pockets?
- What are the ways that sustainability is already embedded in routines?
- How is it currently being assessed?
- What do assessments suggest about opportunities for improvement?
Suggested Deliverable:
Report on the state of corporate sustainability at Hioki
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September 1, 2021 - Conduct analysis to identify universal and culture-bound drivers and sustainability opportunities
- What strategies and tactics are best suited for this case to identify both universal and culture-bound drivers for increasing corporate sustainability?
- SWOT-analysis
- stakeholder mapping
- Communication analysis
- What do the results of your analysis tell you about the key features of a framework for developing a culture of sustainability at Hioki? For instance:
- What are the push-pull factors you identify and how are they operating in the socio-cultural context?
- Which are key drivers to increase corporate sustainability across socio-cultural contexts?
Suggested Deliverable:
Report and visual presentation of analysis, key findings, and their implications
- What strategies and tactics are best suited for this case to identify both universal and culture-bound drivers for increasing corporate sustainability?
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September 15, 2021 - Propose a feasible strategy for cultural change that works vis-a-vis the company's strategic efforts toward reducing their environmental footprint
- What approach and strategies do you recommend for embedding principles of sustainability at all levels of the organizational culture? How do these recommendations correspond with the mission, values, and strategic plan?
- What are some key ways Hioki can elevate sustainability as a priority in their systems of incentives and decision-making? To promote an environment where the culture is co-created through stakeholder participation?
- How can the company capitalize on internal and external networks and natural and appointed leadership for promoting a culture of sustainability?
- What are some culturally-grounded activities that can promote the socialization to and adoption of sustainability principles and routines across the social ecology of the organization?
- What culturally grounded positive strategies can the company use to overcome ambivalence, ambiguity, resistance, and other sources of friction?
- How can Hioki extend the capital for building a sustainable culture generated through these strategies and activities through their communications with stakeholders, particularly investors? How can the company celebrate and share their stories of success in the various cultural contexts?
Suggested Deliverable:
Strategic plan for launching and building a culture of sustainability at Hioki
Project Resources
- Sustainability at Hioki - History, Philosophy, and Social and Environmental Initiatives
- Model of Hioki's Environmental Sustainability Activities
- Initiatives to promote understanding and build trust on the part of shareholders and investors
- HIOKI Corporate Profile
- Company Introduction PPT
- HIOKI Digital Transformation
- HIOKI Short Term Vision
- HIOKI Communication
- Sustainability Standard and Internal Penetration Strategy
- HIOKI Festival
- Ecovadis Rating Silver- ******Important note: unofficial yet- Do not use the seal publicly.
- Green Business Certification
- HIOKI has been certified by the Minister of Health, Labor and Welfare as a "child-rearing support company".
- CO2 Free Energy for the Factory