a management style with particular emphasis on employees and manufacturing techniques, to which the Japanese economic miracle that began in the 1960s is attributed. Japanese management practices have been studied in the rest of the world in the hope that the economic success they brought to Japan can be recreated elsewhere. These practices emphasize forming collaborations, particularly in times of uncertainty, human resources, closer superior-subordinate relationships, and consensus as a means of facilitating implementation. Richard Pascale and Anthony Athos suggested that the Japanese competitive advantage stemmed from skills, staff, and superordinate goals, the softer features identified by the McKinsey 7-S framework. Other dominant characteristics include people-centered management, loyalty to employees, just-in-time, kaizen, continuous improvement, quality control, total quality management, and the ideas of W. Edwards Deming. William Ouchi expounded Theory J and Theory Z, which demonstrated the differences between U.S. and Japanese styles of management. With the downturn in the Japanese economy in the 1990s, management practices were reappraised, and there emerged a focus on radical change as opposed to incremental improvement. Customers were offered less variety, there was a shift toward simplicity, and an alternative to consensus-based decision making was adopted, with individuals making decisions based on high-tech information systems.
PALO ALTO, Calif. -- The Business and Financial Services Group at Frost & Sullivan is pleased to announce its 2007 Quarterly Analyst Briefing Presentation on the Japanese asset management industry to be held on Wednesday, November 14, 2007 at 10:00 am CST / 11:00 am EST. The Japanese asset...
PALO ALTO, Calif. -- The Japanese appetite for other investment vehicles continues to grow with the historical low returns from bank or cash accounts, the rising cost of living and longer life expectancy. Consequently, many new participants have begun entering the Japanese market in order to capitalize on the burgeoning...
NEW YORK -- Hay Group announces the hiring of Ryosuke Sasaki in its New York Metro office to support global initiatives with subsidiaries of Japanese multinationals involving Japanese management, local executives, and managers for principle design and change management.
TOKYO, Sept 24 Asia Pulse - The California Public Employees' Retirement System, or CalPERS, will begin investing a total of US$200 million in Japanese stocks as early as this year. CalPERS, the largest public pension fund in the U.S., plans to soon launch an asset management firm with...
Japanese corporations have traditionally had a lifetime employment policy, but financial and competitive pressures are beginning to change the policy. Japanese companies are reducing the workforce and encouraging workers to use the latest technologies. Such changes are needed for global management.IT DOES not seem long ago that western businessmen could...
MECHANICSBURG, Pa.--BUSINESS WIRE--May 19, 1998-- KnowledgeSoft, the leading provider of knowledge management systems, today announced the delivery of its KoTrainTM platform for on-line training and publishing in the Japanese language, Kanji, localizing the product for introduction to the world's second largest financial market. The announcement strengthens KnowledgeSoft's...
Introduction The 1980s witnessed general admiration for Japanese management methods and attitudes. As the GDP in Japan rose steadily from the 1960s by more than 10% every year, many authors attempted to identify the sources of the Japanese "miracle." Western companies widely applied or copied Japanese manufacturing systems and...
TOKYO -- Levanta, the leader in Linux management, today announced a partnership agreement with e-System Corporation, a Japanese reseller focused on CRM systems deployment and application performance. The agreement extends e-System's portfolio of solutions and support for Japanese organizations running Linux, and marks another strategic alliance for Levanta's international sales...
Japanese businesses seldom have non-Japanese CEOs, and where a non-Japanese does have the top job it's often under unusual circumstances. The country's automakers are emblematic. Brazilian-born Carlos Ghosn took over in 1999 as COO, and later as CEO, of Japan's Nissan Motor. It was nearly broke at the...
Both Japanese electronic giants now want to divest from the American companies they bought. The electronics Industry and the entertainment industry are not the same. The Japanese may have left too much management to foreigners too. Hollywood is not the USBoth Japanese electronic giants now want to divest from the...
This paper examines the characteristics of loans to Japanese borrowers using a relatively unexplored, contract-specific data set. It finds that Japanese banks charge less on loans to Japanese borrowers than do foreign banks, holding constant many of the risk characteristics of the borrower. Moreover, Japanese banks vary pricing less across...
Skandia Investment Management has added a second Schroder fund to its Japan multi-manager fund. Schroder's Japan Alpha Plus fund is one of six retail funds and bespoke mandates that make up SIML's AGBP28m Japanese Equity Blend fund. The Schroder fund accounts...
SANTA CLARA, Calif.--BUSINESS WIRE--Nov. 8, 1994--McAfee (NASDAQ:MCAF) Tuesday named Nippon System Development Company NSD as its first Japanese Master Sales Agent.
For years, Japanese technology companies have faced twin challenges in the American market. The first is that no major Japanese company has been able to create a U.S. subsidiary headed by an American with real decision-making authority. Partly as a result of Problem No. 1, the Japanese have been unable...
The major purpose of the present paper is to discuss the failure of unionization efforts at the Nissan Motor Manufacturing Corporation NMMC, in Smyrna, Tennessee. First of all, we will provide brief backgrounds on several subjects: the decline of unions in the United States in general, organizational culture, Japanese management...
KENT, Washington, April 25 /PRNewswire/ -- ARI Technologies, Inc. ARI of Kent, Washington, a waste management technology developer, signed an agreement with a Japanese Consortium comprised of a major steel manufacturer, a leading general contractor and other prominent Japanese companies that are engaged in...
Japanese firms are using various methods to make their profits at least match their expenditures. The break-even point for industries such as electronics, has been over 90%. Heavy capital investing has been sharply cut, especially in the automobile industry. With profits down, that industry has made cuts of 12.5%. HARD...
Byline: Mark Bruno Nomura BlackRock Asset Management, the first money management joint venture between a U.S. and Japanese firm, has quietly unraveled over a conflict resulting from BlackRock Inc.'s acquisition of Merrill Lynch Investment Managers Byline: Mark Bruno Nomura BlackRock...
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