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(From Journal of Japanese Trade & Industry (JJTI))
Byline: Niihara Hiroaki
What on Earth is Superior Business Management? In these past few years, Japanese companies have staked their survival in the extended economic slowdown on the introduction of various forms of management reform. Many of these efforts have been termed "American-style management" in Japan, and a great deal of energy has been devoted to altering the form of management at companies, e.g., changing corporate governance methods by introducing the executive officer system and the business company system and switching to performance-based employee evaluations.
The result has ...