JP Executive Insight Newsletter - Issue 3, 2021

JP Executive Insight is the bilingual newsletter of KPMG U.S. Japanese Practice.

JP Executive Insight is the bilingual newsletter of KPMG U.S. Japanese Practice.

JP Executive Insight (formerly Jnet) is the bilingual newsletter of KPMG U.S. Japanese Practice. Published since 1997, the newsletter is issued quarterly to update you on audit, accounting, tax, and other business issues relevant to Japanese companies operating in the United States.

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Human Firewalling

This article describes the key elements of a successfully integrated Cybersecurity Behavior Management and Communications program and the steps to begin creating one at your organization.

Technology Innovation Hubs

This report focuses on the role of innovation hubs in driving leading technology innovation. It provides insights on how the role of innovation hubs should shape the considerations of executives and venture capitalists when selecting and investing in technology centers, seeking to acquire a company, entering a joint venture, expanding operations, building a new office or innovation center, or developing a new workforce model.

Surviving the Silicon Storm

This paper analyzes the causes of the chip shortage, the outlook for a return to normal, and the ways in which automakers and other chip users can minimize the impact of future shortages. The supply/demand mismatch will not be resolved quickly. Despite accelerated capacity expansion plans by chipmakers-and even with growing political pressure to build up domestic supplies in Europe and the United States-there are no quick fixes due to the time it takes to bring new production online.

The Widening Digital Divide

The key to digital leadership is hitting the right notes across all dimensions of the IT operating model that support digitally native technical capabilities and deliver value for the business. The most mature organizations have reimagined IT and the role of technology.  This paper outlines the essential attributes of a digitally fluent IT function.

Bridging the Culture Gap in Auto Alliances

This article outlines how the partner companies in an alliance can use business and human resources leadership to create a tone of mutual respect, so both sides can understand what each other brings to the table and determine how to collaborate to successfully achieve their alliance’s goals.

Auditing & Accounting Update

In this section, we provide a summary of brief updates from the previous quarter on regulatory developments in auditing and accounting that may impact Japanese companies in the United States.

Tax Update

In this section, we provide a summary of brief updates from the previous quarter on legislative, judicial, and administrative developments in tax that may impact Japanese companies operating in the United States.