Fujio Masuoka says that Toshiba tried to demote him after he invented a $76 billion product. The loss was America’s gain. Will Japan make the same mistake with the next innovation?
Source: “Forbes / Benjamin Fulford” | Subject: Business / Economy
This excellent piece looks at Japan’s Keiretsu system – definitions, history, purposes, structure and future. If you don’t know much about the Keiretsu system, this is the article to read.
Source: “Japan Economic Institute / Douglas Ostrom” | Subject: Business / Economy
You can no longer safely shrug off Japan’s economic crisis. It just might drag the world into a depression.
Sources: “Benjamin Fulford”, “Forbes Global” | Subject: Business / Economy
Strategist Michael Porter tells why Japan’s economic sun has set, and how it can rise again.
Source: “CFO.com / Edward Teach” | Subject: Business / Economy
“Japan’s extraordinary postwar industrial success was defined by lean production, consensus and continuous improvement. But lately it has been the country’s perceived weak points, such as lifetime employment and over-regulation, that have come to the forefront of the debate on Japanese management. But new ideas are emerging with the younger, more flexible generation of Japanese managers, which means there will still be plenty for the … [ Read more ]
Source: “strategy+business / John Micklethwait and Adrian Wooldridge” | Subject: Business / Economy
Shigeo Shingo is credited with creating the concept of zero defects and the techniques of poka-yoke (Japanese for mistake-proofing). The approach seeks to remove the causes of defects, or, where this is impossible, to inspect each item simply and inexpensively to determine that it passes the quality threshold – with no defects.
Source: “ManagementFirst.com / Michael Fisher” | Subject: Business / Economy
Very interesting article looks at the decade-long economic woes of Japan, how they might have been avoided or mitigated and lessons for the U.S.
Source: “American Enterprise Institue / John H. Makin” | Subject: Business / Economy
This research center based at Columbia Business School doesn’t offer a pretty site, but its publications are noteworthy.
Source: “Center on Japanese Economy and Business” | Subject: Business / Economy