2009/5/21 木曜日

“How I Saved a Bank” is on the shelves!

Filed under: — admin @ 15:17:29

How I Saved a Bank (by Tadahiko Ito, translated by Deborah Iwabuchi) is the fascinating and timely story of the author’s years at the helm of a regional Japanese bank. Brought in when the bank was on the brink of collapse, Tadahiko Ito decided to conduct operations at the fim based on a people-first philosophy. From the start, he championed a framework of moral and ethical responsibility in the company’s banking methods, foreshadowing the demands people are making of today’s financial institutions worldwide.

Ito’s system is anchored  in his own spiritual ideals. he belives that a focus on a universal goal of prosperity rather than a narrow-minded approach centered entirely on profit and self-interest aligns us with the universe, and results in a harmonious system that encourages all participants and helps guide us on our way. His system resulted in a dramatic turnaround that more traditional experts believed impossible: Kansai Urban Bank recovered and now ranks of one of the top second-tier banks in Japan.

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