Search results
Results From The WOW.Com Content Network
Theory Z of Ouchi is Dr. William Ouchi's so-called "Japanese Management" style popularized during the Asian economic boom of the 1980s. For Ouchi, 'Theory Z' focused on increasing employee loyalty to the company by providing a job for life with a strong focus on the well-being of the employee, both on and off the job.
Richard Pascale and Anthony Athos suggested in The Art of Japanese Management (1981) that western business practices lacked "vision", which they identified as one of the "key components of Japanese management". [4] Yang refers to "long-term vision setting" as a different process from "long-range planning". [5]
"Hō-Ren-Sō" (報・連・相) is a business mantra or mnemonic acronym in Japanese business culture. It is an abbreviation of "Hōkoku" (報告, to report), "Renraku" (連絡, to inform) and "Sōdan" (相談, to consult), and is more memorable as a homonym of hōrensō, the Japanese word for "spinach". It is utilised as a basic business rule ...
The word genba is a Japanese term meaning "the actual place" and is used in non-business contexts to refer to crime scenes or topical locations where TV may report. In a movie set, gemba refers to the practice of shooting a scene at the actual location rather than a studio.
The principles were first collated into a single document in the company's pamphlet "The Toyota Way 2001", to help codify the company's organizational culture.The philosophy was subsequently analyzed in the 2004 book The Toyota Way by industrial engineering researcher Jeffrey Liker and has received attention in business administration education and corporate governance.
The Japanese word monozukuri (ものづくり) is a combination of 'mono' meaning thing and 'zukuri' meaning the act of making. [3] It simply means craftsmanship or manufacturing and has come to be used as a buzzword in industry and mass media to embody the Japanese spirit and history of manufacturing.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Hoshin Kanri (Japanese: 方針管理, "policy management") [1] is a 7-step process used in strategic planning in which strategic goals are communicated throughout the company and then put into action. [2] [3] The Hoshin Kanri strategic planning system originated from post-war Japan, but has since spread to the U.S. and around the world.