Chapter

Japanese Management in the World

Hiroyuki Odagiri

in Growth through Competition, Competition through Growth

Published in print May 1994 | ISBN: 9780198288732
Published online November 2003 | e-ISBN: 9780191596711 | DOI: http://dx.doi.org/10.1093/0198288735.003.0012
 Japanese Management in the World

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In this final chapter, growth preference, competition, and accountability are revisited by way of summary of the book. By comparing the headlines of British and Japanese business press reports, we show that the Japanese are more concerned with product development and investment than selling and buying of companies, and with labour management than stock price. We, however, deny the popular view depicting the Japanese economy as a harmonious society and instead argue that Japan is a competitive society, possibly to a greater extent than in the West. The so‐called Japanese management system can be applied in a non‐Japanese cultural setting as well and, to confirm this argument, the experience of Japanese firms in the UK is discussed. Japanese firms also made a substantial investment in overseas distribution to overcome entry barriers and penetrate foreign markets.

Keywords: accountability; competition; distribution; entry barriers; foreign markets; growth; investment; labour; management

Chapter.  10630 words. 

Subjects: Business and Management

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