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Japanese management and the climate of the time

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  • Masaaki Kotabe

    (Temple University)

Abstract

Management practices and orientation need to change when the climate of the time in which firms operate change. In the 1980s–early 1990s when the world enjoyed a broad economic growth on a global scale, Japanese management practices were once admired in awe around the world. Since the Japanese economy began to slip into a decade-long recessionary environment in the late 1990s, many Japanese firms experienced profit losses and the world’s admiration of Japanese management began to wane. This article explores how and why, and offers broader implications to management practices in general.

Suggested Citation

  • Masaaki Kotabe, 2020. "Japanese management and the climate of the time," Asian Business & Management, Palgrave Macmillan, vol. 19(1), pages 25-35, February.
    • Handle: RePEc:pal:abaman:v:19:y:2020:i:1:d:10.1057_s41291-019-00078-y
    DOI: 10.1057/s41291-019-00078-y
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    References listed on IDEAS

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    1. Ouchi, William, 1981. "Theory Z: How American business can meet the Japanese challenge," Business Horizons, Elsevier, vol. 24(6), pages 82-83.
    2. Masaaki Kotabe & Michael J. Mol & Sonia Ketkar, 2008. "An evolutionary stage model of outsourcing and competence destruction: A Triad comparison of the consumer electronics industry," Management International Review, Springer, vol. 48(1), pages 65-94, February.
    3. Akira Takeishi, 2001. "Bridging inter‐ and intra‐firm boundaries: management of supplier involvement in automobile product development," Strategic Management Journal, Wiley Blackwell, vol. 22(5), pages 403-433, May.
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    Cited by:

    1. Shige Makino & Derek Lehmberg, 2020. "The past and future contributions of research on Japanese management," Asian Business & Management, Palgrave Macmillan, vol. 19(1), pages 1-7, February.

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