Waseda Business School
(Graduate School of Business and Finance)


HIRANO Masao, Professor



Professor Masao Hirano joined the faculty at WASEDA Business School in 2012. Prior to WASEDA, Prof. Hirano has an extensive professional background in both private equity investment and management consulting. From 2007 to 2011, he was a Co-Head of Carlyle Japan, one of buy-out funds of a global asset management firm, in which he led a few private equity investments in Japan.

Before then, he was a Director and Japan Office Head of McKinsey & Company. During his 20 years career at McKinsey, he led a number of projects including corporate strategy and globalization, cross boarder M&A, marketing, operational streamlining and organizational design for a variety of companies ranging from high-tech, telecommunication, manufacturing to consumer products, health care and banking. Before joining McKinsey in 1987, he had been a project engineer at JGC Corporation since 1980.

Academic Degrees

Ph.D., Engineering, University of Tokyo

M.S., Engineering, University of Tokyo

M.S., Engineering Economic Systems, Stanford University

Selected Publications


McKinsey – Evolution of Organization, Diamond, 2003

McKinsey – Management Essence, Diamond, 2004

Strategy and Transformation for Banks, Toyo Keizai Shinpo


Study of Customer Driven Innovation, Ph.D thesis, Tokyo University, 2009

Competitive Strategy at New Economy 1 – 8, Diamond Harvard Business Review, 2001

Japanese Management, Lost Competiveness, Necessity of Redefinition of Strength, Ronza, 2005

Only Good Management can Create Good Company, Diamond Harvard Business Review, 2014

Developing Professional Manager from Within, Forbes, 2015


What has changed after 3/11 earthquake, Business Model Association, 2013

Management vs. Leadership, TEDxUTokyo, 2015

Courses in charge

Strategy of Global Business

Global Management

Strategy of M&A

Management of Global M&A

General Management

Perspective of Management


Related articles

SHIGEMOTO Akiko, Associate Professor
SAITO Kenji, Professor
NEMOTO Naoko, Professor
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