49: Frank Foley, ex Managing Director, HarperCollins Japan

<p>Frank Foley, founder of the Next Big Thing and former Managing Director of HarperCollins Japan, provides a detailed account of working inside Japan’s publishing and media industry through his experience with multinational corporations including HarperCollins and News Corporation. Mr. Foley first got his start as a publishing officer at the Australia Japan Research Centre which led him to land a job at the publishing company HarperCollins Japan. This then led Mr. Foley to work for News Corporation, an American multinational mass media company owned by Rupert Murdoch. At News Corporation, Mr. Foley liaised between the media company and its Japanese partners using his language skills and knowledge of Japanese culture. Mr. Foley was involved in many start-up projects investing in satellite television through News Corporation, sitting in on meetings involving Mr. Murdoch, Soft Bank founder Son Masayoshi and executives of Fuji TV.</p> <p> </p> <p>Working as a country manager for News Broadcasting Japan (later Fox International Channels), Mr. Foley led a team of 40 people after being in charge of massive downsizing. In addition to the task of downsizing which Mr. Foley recalls as a “traumatic experience,” he found it challenging to ensure his employees were highly engaged and working strategically towards a common goal. Being a liaison between head office and Japan was another major challenge to bridge the cultural differences between various parties. When leading the downsizing operation, Mr. Foley learned the importance of communicating the “why” behind the restructuring to maintain transparency and trust with his remaining team members, as well as investing in a strong HR department with empathetic, approachable people.  </p> <p> </p> <p>After working in News Corporation for close to 20 years, Mr. Foley discovered he was not a “TV person” but inclined more towards business development and brand management. He then moved on to HIT Entertainment to work on brand business development for Thomas the Tank Engine. On hi