Japanese management Flashcards

1
Q

What is the core concept of the Japanese management approach?

A

Effectiveness comes from the ability to combine both soft and hard practices

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What are the soft practices of the Japanese management approach?

A

Personnel policies:
- lifetime employment
- internal labor market
- seniority-based promotions and rewards
- teamwork and bonding
- enterprise unions
- training and education
- company welfarism

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What are the hard practices of the Japanese management approach?

A

Business practices and work systems:
- long-term planning (market growth, low dividends, low profits)
- Timeliness (fast product development, JIT - just-in-time; right fist time)
- Quality (total quality approach, continuous improvement)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What are the criticisms of the Japanese management approach?

A

Two-tier labor markets; low flexibility; cannot accommodate globalization and workforce diversity; lifetime employment = slavery; teamwork = coercive pressure; enterprise unions = exploitation

How well did you know this?
1
Not at all
2
3
4
5
Perfectly