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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]
Many both in and outside Japan share an image of the Japanese work environment that is based on a "simultaneous recruiting of new graduates" (新卒一括採用, Shinsotsu-Ikkatsu-Saiyō) and "lifetime-employment" (終身雇用, Shūshin-Koyō) model used by large companies as well as a reputation of long work-hours and strong devotion to one's company.
Etiquette in Japan forms common societal expectations of social behavior practiced throughout the nation ... Customs, Business Practices & Etiquette; Japan ...
However, given the common practice in Japan of labeling industrial or business improvement techniques with the word kaizen, particularly the practices spearheaded by Toyota, the word kaizen in English is typically applied to measures for implementing continuous improvement, especially those with a "Japanese philosophy". The discussion below ...
Government-business relations are conducted in many ways and through numerous channels in Japan.The most important conduits in the postwar period are the economic ministries: the Ministry of Finance and the Ministry of Economy, Trade and Industry (METI, formerly the Ministry of International Trade and Industry, known as MITI).
(The Center Square) – President Joe Biden blocked a $14.9 billion buyout of Pittsburgh-based U.S. Steel on Friday. The move, albeit not surprising after a year of negotiations that left the ...
The Three Views of Japan (日本三景, Nihon Sankei) is the canonical list of Japan's three most celebrated scenic sights, attributed to 1643 scholar Hayashi Gahō. [81] These are the pine-clad islands of Matsushima in Miyagi Prefecture , the pine-clad sandbar of Amanohashidate in Kyoto Prefecture , and Itsukushima Shrine in Hiroshima Prefecture .
Monozukuri, or alternatively spelled monodzukuri, literally means 'production' or 'making of things' in Japanese and is the Japanese term for 'manufacturing'. The broader meaning encompasses a synthesis of technological prowess, know-how, and spirit of Japan's manufacturing practices.