Takeda pharmaceutical Co., Ltd.: Are Numbers useful? Acknowledging the contribution of mathematical modeling to corporate management

Abstract

All companies face a wide spectrum of risks and uncertainties that may impact their ability to achieve strategic and operational goals. Each and every day, executive managers confront a myriad of issues that must be analyzed and resolved. Such analysis is critical in making informed decisions about the future. No matter how talented or experienced, no company president should make such decisions in isolation. The organization of a business thus allows a company to allocate roles and responsibilities and to delegate authority. Through this system and the integration of specialist knowledge and skills, a company is best able to handle the issues it faces.