Panasonic and Japan’s Changing Culture Summary Japan is moving towards more individualism than collectivism after the economic bubble. Nonetheless‚ this is a good opportunity for Japan to adapt to the globalization world and be more competitive. The cultural change will lead to greater mobility of employees‚ which means people will move around jobs more than before. As a consequence‚ company loses loyal employees but what they get by recruiting other people is the experiences. When people have
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and a well-known brand name. Its slogan "Panasonic ideas for life" represents the advanced technology and the wide range of products which we cover. It’s formerly known as Matsushita Electric Industrial Co. Ltd and stands for the depth and diversity of its research capabilities‚ manufacturing expertise‚ high quality and sophisticated products. In 1918‚ Panasonic was founded by Konosuke Matsushita and headquartered in Osaka Japan. (www.panasonic.net). Panasonic was ranked of 89 the largest company of
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Case #2; Panasonic and Japan’s Changing Culture 1. Some of the drivers of the cultural changes in the 1990’s with Panasonic were that Japan’s generation of workers‚ starting with the generation born in the 1960’s‚ did not wholly believe in being a “salaryman” and working for a company from when they start until when they retire. After many years‚ in the 1990’s Japan entered an economic slump that lasted the majority of the 1990’s. Only a few companies at first started to lay off employees and
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words‚ I would like you to define what success means to you. Based on our in-class discussion‚ please articulate the three main ingredients you believe will contribute to the feeling that your career is fueling professional and personal success. For example‚ making a positive difference in the lives of others‚ making a lot of money‚ being respected by your family and colleagues‚ being known as a leader in your field‚ etc. Then‚ discuss how you could use these definitions of success in assessing potential
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during their first visit. "That is simple"‚ he said‚ "When you came to me on the first day‚ I myself was in the habit of eating sugar and sweets. Unless and until I change my habit and practice this myself‚ how can I ask another person to follow my instruction?" The story reminds us that example is better than precept. An ideal leader is one who "knows the way‚ shows the way and goes the way." A preacher who has the habit of smoking does not have the authority or credibility to ask others to quit
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Panasonic operates under the umbrella of the Matsushita Electric Industrial Co. Ltd‚ a conglomerate consisting of firms‚ businesses and production centers all over the world. Due its immense size the company found that its product and consumer data were often incomplete‚ duplicated or inconsistent. Furthermore different parts of the company were using different data to other parts of the company. The implications were costly and a signified operational inefficiency. In order to rectify this issue
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Case Study 1 Types of Employment Contract A contract of service is an agreement whereby one person agrees to employ another as an employee and the other agrees to serve his employer as an employee. Under a contract of service‚ the employer must contribute CPF‚ and provide relevant statutory benefits such as annual leave‚ sick leave etc. for its employees engaged. However‚ a contract for services is an agreement whereby a person is engaged as an independent contractor‚ such as a self-employed person
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Panasonic IR Day 2012 Appliances Company Business Strategy May 23‚ 2012 Panasonic Corporation Appliances Company President Kazunori Takami Notes: 1. This is an English translation from the original presentation in Japanese. 2. In this presentation‚ “fiscal 2012” or “FY 2012” refers to the year ended March 31‚ 2012. In addition‚ “fiscal 2013” or “FY 2013” refers to the year ending March 31‚ 2013. Contents 11 1. Appliances Company Profile 2. Market Trends 3. Business Vision and
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In a decentralized structure‚ the decisions are made at various different levels. http://www.investopedia.com/terms/o/organizational-structure.asp#axzz2M6qIi3iY Organizational culture The values and behaviors that contribute to the unique social and psychological environment of an organization. organizational culture includes an organization’s expectations‚ experiences‚ philosophy‚ and values that hold it together‚ and is expressed in its self-image‚ inner workings‚ interactions with the outside
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Panasonic and Japans Changing Culture In Japan in 1918 Konosuke Matsushita founded Matsushita Electric a consumer electronics company which is known today as Panasonic. Panasonic has offices in 58 different countries and is regarded as one of the world’s largest electronics companies. (Panasonic‚ 2013) Panasonic alike many other Japanese companies was established on a Confucian value system. The Confucian value system consists of three main elements; reciprocal obligations‚ honesty and loyalty
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