Japanese management practices in a state of flux
Long-standing Japanese business practices such as lifetime employment and seniority-based promotion have been slowly changing to adopt more American-style practices in certain companies, according to a brief article in Asahi Shimbun. While largely a response to the rough economic times Japan entered in the ’90s, it is noted that changing traditional practices has often failed to produce success, and conversely, successful companies aren’t always adopting American practices.
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