Education Process in Business Management
This article discusses importance of corporate education in the corporate management. It deals with the case of Hoshi Pharmaceutical Corporation. The company developed nation-wide chain store in Japan. This article mainly focuses on Hajime Hoshi who founded the company. Analysis method is mainly based on business reports, company newsletters, books written by Hoshi, his biography, his analects and Hoshi University’s history.
Hoshi moved to the United States and studied in Colombia University. After he returned to Japan, Hoshi founded pharmaceutical company which focused on producing over-the-counter drugs based on his experiences in the United States. Hoshi made it a stock company afterward. He spent many assets on advertising that attracted people’s attention. He adopted enlightening education program for accelerating the growth of sales network.
Hoshi’s education process was propelled under the concept that prioritizing development of human resources which takes long time and costs many assets. This effort played a major role in establishing corporate identity and expanding sales network which drove growth of the firm.