JAPANESE BUSINESS STRATEGIESPR E SE NT ED B Y: O G A R IO, E LO ISA C.

JAPANESE BUSINESS STRATEGIES

• Industrialization of Japan started in the 1890’s under the Meiji Restoration.

• A former imitator of Western products, now it is an innovator and leader in the global economy.

JAPANESE BUSINESS STRATEGIES

• Japanese corporations is employee-oriented.

• It applies the principles of participative management.

New Business Strategies

• Locate their manufacturing plants in foreign countries.

• Reasons:

• Japanese labor shortage

• Circumventing foreign protectionism.

• Reduce the life cycle of a product.

• They are reorganizing research and development in order

to produce simultaneously three new products with

the same effort of producing one product.

• From Total quality management (TQM) to Zero defects management (ZDM).

BUSINESS SURVIVAL THROUGH LEARNING

• Formal Education • Provides diplomas and grades.

• Non-formal Education• Only certificates of attendance or participation.

• Informal Education• University of experience or university of life.

EXPERIENCE IS THE BEST TEACHER

BUSINESS SURVIVAL THROUGH LEARNING

• Learning

• acquisition of knowledge, values, and skills.

• Formal education is mostly theoretical or

book knowledge. So, it is not relevant to the

real world.

J.P. MORGAN

John Pierpont Morgan-The prime mover of J.P. Morgan Co.

-- J.P. Morgan is a multi-market, financial service institution.

Management features of J.P. Morgan according to Calhoun Wick• Develops its own pool of talented managers.

• Challenges its people.

• Considers mistakes as learning opportunities.

• Motivates its people to learn.

• Requires senior managers to act as role models.

• Sustains the Morgan culture.

• Provides a breadth of knowledge.

• Creates career path specialists.

• Shares responsibility and information.

• Believes in learning for future success.

CORPORATE SOCIAL COMMITMENT & PROGRESS AND POVERTY

CORPORATE SOCIAL COMMITMENT

• In the year 2020, there will be more economic growth

• However, the price of socially irresponsible economic growth is too high.

• This is created by industrialization.

PROGRESS AND POVERTY• The Asia-Pacific region is the most dynamic area in the world

in terms of economic growth.

• Too rapid growth of the region has ironically created widespread poverty.

• Fight against poverty remains as one of the biggest, most daunting challenges for Asia. – Japanese Finance Minister Masayoshi Takemura

THANK YOU!! ^_^ - ECO