The economy of Japan is at the high level. Huge corporations and firms provide a full range of services. The Japanese model of management does the main bias on bank and intercorporate control. The legislation carries out support of keiretsu – to groups of the corporations having the general borrowed funds and equity. Generally, one may say, that the Japanese model is based on activity of bank and keiretsu which not only supplement, but also duplicate each other.
Features of the Japanese model of management
Unlike other models, the Japanese option is more adapted for scientific and technical progress. Generally all techniques consider long-term planning. Simple words it is possible to tell that the worker obtains certain employment securities, and it results in stability of human resources and considerably reduces routine of shots. As a result it can be considered, an additional incentive to create good collective and to increase efficiency of work.
The Japanese model of corporate management the following lines are characteristic:
- Full orientation to innovations in the field of technologies.
- Social, cultural, historical and national peculiarities of the country are considered. In the Japanese model there is a huge number of specific and original elements which are absent at other countries.
- There is no rigid structure of management and personal responsibility.
In this country the system of a lifelong loan is used. But the most important, in the Japanese model of personnel management not of the person select for a certain work, and study traits of character and possibilities of future worker and come to a conclusion what position he can hold, that is, select a position under the worker, and not vice versa. The collectivism where each worker has a call of duty before others is not less important in corporate policy.
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