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The Japanese Approach to Business (A policy of lifetime employment…
The Japanese Approach to Business
Ringi seido or Consultation system
Bottom-up decision making
First is lower level management
Course of action :
Deputy head of the department
Seal
Middle-management
Modifications
Higher management
Criticism
Slow and cumbesome
Difficult to pin-point responsibilities
Wa
A policy of lifetime employment
Job security for life
Fired only for serious misconduct
Intense loyalty to the company
Long perspective
Willingness to work more
Quality of the products
Criticism
Effective in periods of boom
Ineffective in periods of recession
Rigidity and overmanning
Promotion by seniority
Responsible positions
Salary levels
Policy regarding and promotion
Training for new duties
Technical change
Take on any work
The company union structure
Cozy relationships
Without stoppage and strikes
Membership by enterprise