• About
  • Contact
  • Testimonials
  • Newsletter
  • More
    • Demographics & Advertising Rates
    • Terms & Conditions
Saturday, February 4, 2023
No Result
View All Result
California Business Journal
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Opinion
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness
California Business Journal
Yoshito Hori, Founder of GLOBIS Corp., President of GLOBIS University, and CEO of GLOBIS Capital Partners.

Yoshito Hori, Founder of GLOBIS Corp., President of GLOBIS University, and CEO of GLOBIS Capital Partners.

Breaking News: GLOBIS Goes Global

The No. 1 business school in Japan and Asia has its sights set on leading the world with its expansion into the United States.

by Susan Belknapp, Senior Writer, California Business Journal
A A
Share on FacebookShare on Twitter

GLOBIS is having a full-circle moment – or, more accurately, an around-the-world moment – as it returns to the land of its original inspiration, though due West about 3,000 miles.

Renowned Japanese executive, educator, and venture capitalist Yoshito Hori, a graduate of Harvard Business School, was sitting on the banks of the Charles River in Boston when he doodled three overlapping circles with a word inside each: people, capital, and knowledge. And thus, the core of the GLOBIS ecosystem was born and three decades later, they are still the organization’s vision and guiding principles.

Hori — now President and Founder of GLOBIS Corp., President of GLOBIS University, and CEO and Managing Partner of GLOBIS Capital Partners — left his steady job at a large Japanese company not long after returning to Japan.

“When I was at Harvard, I was very impressed with the graduate-level business education we received and I was able to build a network with other students and develop the concept of what I wanted to do in the future,” he says. “I thought, ‘I should bring this type of program back to Japan and create a business school from scratch.’ I was 29 when I graduated, and I turned 30 when I opened GLOBIS with only $8,000. I used my apartment as an office, and I rented out a classroom. We had 20 students.”

This was in 1992. Since then, it’s been one major milestone after another. GLOBIS is now the top business school in Japan and Asia, by number of enrollees. It gained university status in 2006 — there are hubs in Singapore, China, Thailand and now San Francisco with the launch of GLOBIS USA in April 2021.

“We enroll more than 1,000 students per year,” Hori says. “We allow full time, part time and online learning. We went online in 2015 and began English MBA courses in 2016, so before COVID. Everything was already being done online so we were well-prepared for COVID.”

On a parallel path with the growth of the university was Hori’s other enterprise, GLOBIS Capital Partners (GCP), which was started in 1996 as the GLOBIS Incubation Fund. Considered the first “hands-on” venture capital firm in Japan at the time, Hori again centered on people, capital, and knowledge. It stands to reason that if you’re going to train people and provide them an in-depth business-management education (knowledge), then why not infuse capital into the companies they may be launching?

The original incubation fund invested in 13 companies with a JPY540 million fund and “provided management support from various aspects of venture development and led six of them to IPOs. Through GIF investments, GLOBIS established the foundation as a hands-on venture capital,” Hori says. Today, GCP has more than 150 businesses in its portfolio and as of 2020, 36 successful IPOs and 18 M&As.

To date, more than 170,000 students have completed GLOBIS courses, and nearly 2 million people have participated in corporate training. GCP is a leading venture capital fund in Japan with total assets under management (AUM) of over $1.1 billion.

Graduation Day at GLOBIS U
Graduation Day at GLOBIS U

“We have one of the top tier venture capital firms and because we have one of the top business schools,” Hori says. “It’s not too much to say there is an eco-system being built around them. Many of our students have founded businesses and many of them are public already.”

Because GLOBIS University’s Japanese-language MBA has existed longer than the English MBA, it is still the more dominant degree but as the English MBA graduate numbers increase, both the university and GCP has their sights set on global expansion.

“The Bay Area is a natural choice for a location, as we have many companies coming into the U.S. to operate,” Hori says. “GCP is open to invest in any industries – anything that grows.”

The move to the U.S. was in the works prior to COVID and though they had some delays due to the pandemic, the overall timeline wasn’t thrown off too much. It took about two years from inception to launch. The previous Dean of the English MBA programs for GLOBIS University, Tomoya Nakamura, was selected as President of GLOBIS USA.

ADVERTISEMENT

“We’ve been the No. 1 business school in Asia but now we’re ready to be the No. 1 business school in the world, in the Technovate Era,” Hori says. “The same way media has evolved, moving from ABC, CBS, etc. but now it’s YouTube, Netflix and all manner of streaming. The technology changed the industry and the same thing will happen to education. Harvard has been the ‘champion’ for years, but the next champion could be GLOBIS. That’s what we’re aiming for, we want to become the champion of the next era, we call it the ‘technovate’ era and that’s why we’ve come to the U.S.”

Technovate is a term Hori coined when he developed the GLOBIS MBA. “Technovate is a word I created that means technology + innovation and we have it trademarked. I created it for our new MBA, which should have a unique name. We provide 10 specific courses in things such as AI for the Technovate curriculum.”

In addition to people, capital, and knowledge, GLOBIS puts the Japanese concept of kokorozashi at its cornerstone. There is no direct-English translation, but Nakamura describes it as, “A personal mission that unifies passion and skill to create positive change in society. Or when, doing what you love, what society needs and what you good at, overlap to reveal your kokorozashi.”

GLOBIS trains its leaders to develop confidence and motivation to innovate in their companies, countries, and the world. They are infusing these concepts into the companies they launch and run.

Two of GCP’s success-story companies U.S. consumers should be familiar with are SmartNews – an app that allows users to get news from a variety of sources in one place. Another is Mercari, the first Japanese company to gain “unicorn” status, hitting $1 billion in value in 2016. Its main product is a global peer-to-peer marketplace app similar to eBay, that surpassed 100 million downloads in 2017.

Additionally, GCP has a partnership with one of the pioneers of venture capital, Alan Patricof, author of “No Red Lights” and founder of Apax Partners, one of the world’s largest private equity firms, who will be doing a seminar for GLOBIS in July.

If this track record continues, GLOBIS could very likely become the global champion of business education and venture capital the founder is aiming for.

Copyright © 2022 California Business Journal. All Rights Reserved.

This article was edited and published by Rick Weinberg, California Business Journal’s Founder, Publisher and Editor-in-Chief. Click here for Rick Weinberg’s biography.

For testimonials on the impact of California Business Journal articles, click here.

Contact us if you’d like an article written on your business: Rick@CalBizJournal.com / 949-648-3815

Tags: AIAlanappauthorbanksBusinessbusinessesCEOcompanyconsumersdevelopmenteducationequityeraexpansionfirmGLOBISgrowthHarvardinnovationJapanese educator and venture capitalist Yoshito HorimarketplacenaturalnetworknewsonlineportfolioprivateSanSan FranciscotechnologytechnovateThailandtrainvalueYoshito Hori
ADVERTISEMENT
Susan Belknapp, Senior Writer, California Business Journal

Susan Belknapp, Senior Writer, California Business Journal

Susan Belknapp is a Writer, Editor and Corporate Communications expert with 15 years of professional writing experience across a wide variety of disciplines, including monthly print and digital magazines, social media, marketing and brand development. A graduate of University of Southern California with a degree in Fine Arts and Filmic Writing, Susan was Editor of OC Metro Magazine, which became part of the Orange County Register. Susan is also the Founder of Chonubusu Toffee, an online/direct-sale English toffee company specializing in custom orders, events, personalized labeling and dangerously delicious product prepared with the finest ingredients.

Related Posts

Is Thailand Missing an Opportunity?
Is Thailand Missing an Opportunity?
USA Trademark Application: 5 Benefits for IT Companies
USA Trademark Application: 5 Benefits for IT Companies
Why Is It Smart to Go For An Online Business Degree?
Why Is It Smart to Go For An Online Business Degree?
7 Benefits of Higher Education for Every Student
Keep Learning: 7 Benefits of Higher Education for Every Student
MBA
8 Career Benefits of an MBA
feat
CHIEF INSIGHT
advertisement
ADVERTISEMENT

CBJ Newsletter

Facebook Twitter LinkedIn Instagram LinkedIn

Advertise With CBJ

Contact Rick@CalBizJournal.com

CBJ Rates and Demographics

Job Postings

CEO Wanted


Requirements: BS/BA + 2yrs of Business Managing Experience

Mail Resume: Grand Life, Inc. 14647 Northam St. La Mirada, CA 90638.

$114,754/year

ADVERTISEMENT
1REALTOUR-SAN DIEGO-WEB DESIGN
Facebook Twitter LinkedIn LinkedIn Instagram
C B J   LOGO  SVG-01
  • About
  • Contact California Business Journal
  • Testimonials
  • Demographics & Advertising Rates
  • Terms & Conditions

Categories

  • Art & Culture
  • Business
  • California Hotel Listings
  • Daily Updates
  • Editor's Choice
  • Education
  • Featured
  • Finance
  • Food & Dining
  • Health & Fitness
  • Human Interest
  • Insurance
  • Law
  • Lawyers
  • Marketing
  • Medical
  • News
  • Newsletter
  • Opinion
  • People
  • Popular
  • Real Estate
  • Social Media
  • Technology
  • Top 25 Wealth Management Companies in California
  • Uncategorized

CBJ Partner Firebrand Media

Laguna Beach Independent Newspaper
 Laguna Beach City Guide
 Newport Beach Independent Newspaper
Newport Beach Country Club Magazine
  Montage Magazine
 Omni Escapes Hotel Magazine
 Bespoke Concierge New York
 Evans Hotels
 Laguna Beach Magazine
 On The Menu Laguna Beach
 Newport Beach Magazine
Coastal Real Estate Guide (NB,LB, CDM)
Monarch Beach Resort Magazine
 Pacific Coast Magazine (SoCal)
Sea Island Life Magazine
Salamander Hotel & Resorts Magazine
 View our entire portfolio

 

Most Viewed

  • Gavel, scales of justice and law books

    Lawsuit Basics: How Much Does It Cost to Sue Someone?

    0 shares
    Share 0 Tweet 0
  • Investigation: Can TriumphFX Take Your Money?

    0 shares
    Share 0 Tweet 0
  • The Impact of Covid: Racing to Buy Second Citizenships

    3 shares
    Share 0 Tweet 0
  • What to Do When an Online Casino Refuses to Pay Out Your Winnings

    0 shares
    Share 0 Tweet 0
  • Top 5 Flavors On Elf Bar BC5000 Review

    0 shares
    Share 0 Tweet 0
  • NFL Paychecks: How Do NFL Players Get Paid?

    0 shares
    Share 0 Tweet 0
  • Five Reasons Why The Government Does Not Like Bitcoin

    0 shares
    Share 0 Tweet 0
  • How to Start a Telecommunication Business: A Step-By-Step Guide

    0 shares
    Share 0 Tweet 0
  • Temu’s New Shipping Policy Is A Smashing Hit For Shoppers All Over the Country

    0 shares
    Share 0 Tweet 0
  • 6 Types of Business Records and Receipts Every Small Business Should Keep

    0 shares
    Share 0 Tweet 0

Latest Articles

Super Bowl

5 Best Sports Betting Apps For The Super Bowl

Free Spins: If You Love Online Slots, Check Out These Casinos

Free Spins: If You Love Online Slots, Check Out These Casinos

How to Optimize the Learning Process and Allocate More Time for Yourself

How to Optimize the Learning Process and Allocate More Time for Yourself

Should You Junk or Sell Your Unusable Car? 8 Considerations

Should You Junk or Sell Your Unusable Car? 8 Considerations

Q&A with Jennifer Woods, Vice President and Associate General Counsel of FrontDoor on Why Companies Should Release Sustainability Reports.

Q&A with Jennifer Woods, Vice President and Associate General Counsel of Frontdoor on Why Companies Should Release Sustainability Reports.

Best Practices for Establishing Secure Password Protocols

Best Practices for Establishing Secure Password Protocols

How to Up Your Marketing Game with Real Estate 3D Rendering

How to Up Your Marketing Game with Real Estate 3D Rendering

Tips For Designing A Vinyl Banner For Your Business

Tips For Designing A Vinyl Banner For Your Business

15 Useful Animation Makers for Novice Entrepreneurs (2023)

15 Useful Animation Makers for Novice Entrepreneurs For 2023

What is FinTech?

What is FinTech?

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR

No Result
View All Result
  • Front Page
  • Business
  • Finance
  • People
  • Featured
  • Opinion
  • Technology
  • Law
  • News
  • Food
  • Art & Culture
  • Human Interest
  • Education
  • Insurance
  • Real Estate
  • Health & Fitness

California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
Site Design by 1REALTOUR