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Monday, 16 November 2015
The Japanese Management System
I have not spent time with any Japanese but I have with some chinese people. I do love their mannerism and not to mention I love chinese food. Hmm, I was carrying out my research today and I came across these words "Japanese Management System", then I thought to myself this will be interesting. I am familiar with strategic management, however, this is peculiar to Japan. Japan is the 3rd strongest economy in the world, thus, I know you will be curious to know about their management system.
There style of management can be applied to a business. I found out that the reason why Japan excel is because of their hard-work, commitment of their citizens to the company they work for and an education system that delivers highly skilled and self motivated graduates.
After that being said, the Japanese management system encourage businesses to make products that have no fault, using the cost leadership strategy to promote these products. They believe that the best way to strategic success is to utilize human resources to the maximum. In all, the Japanese encourages businesses to focus on growing their market share, to always have long term plans and to always promote innovation and quality improvements. Hope you have gained a thing or two.
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