If you’re curious to see how the previously mentioned principles can contribute to the growth of your business, this section is just for you. The following paragraphs are brief stories from companies that have implemented certain principles of Japanese management into their operations. Upon reading this, we encourage you to conceptualize ways to implement these principles in your unique ways as well!
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Success Stories From Companies Adopting Japanese Management
GCash is a digital wallet for Philippine residents. The bahamas phone number library app allows its users to send and receive money, pay their bills, make donations, and shop online through convenient digital payments. GCash was not always able to serve so many functions. Its CEO and founder Martha Sazon believes that so long as there are Filipinos who struggle with accessible financial services, GCash will continue to make innovations to address this problem. This parallels the concept of kaizen as the company’s improvements are dedicated to making changes for the betterment, convenience, and accessibility of financial transactions in the Philippines.
Startups are also great examples of nemawashi as relatively smaller teams allow more intimate discussions.Just six years later, in 2022, Kotozna Singapore was born. A close-knit team of 27 members allows Kotozna’s team to closely observe and attend to each others’ needs, performance, and opinions. This kind of close collaboration will let a team learn more about what kind of management strategy and chain of command works best for everybody. Ultimately, business operations will run much smoother after seeing to it that all members of the team are on the same page.
In an article by the Harvard Business Review, readers learn about the story of Swisscom which is Switzerland’s leading mobile telephony company. The story explains how the company used a unique strategy to build consensus among a team. They called this the “walk the line” technique which involved sticking pieces of tape on the floor. Each piece of tape represented a certain stand or position on an issue. Then, the individuals are asked to stand by the piece of tape that holds the position they agree with. This created an immersive experience that allowed everybody to have more ‘robust’ discussions about the issue at hand.
What Does the Future of Japanese Management Look Like?
The previous paragraphs focused a lot on what why create an icp before the buyer persona? Japanese management looks like right now. However, it would also be helpful to know and anticipate what it will look like in the future. Doing so as early as possible will give the individuals the upper hand in adapting to the evolution of business dynamics. Additionally, managers can understand how to attract, retain, and manage their team in anticipation of the changes that the future holds.Some important aspects include loyalty, trust, and a global mindset.
One key point from the paper discusses long-term management. This aspect calls on managers to consider the long-term value and contributions that their personnel can make, and how they can maximize the team’s potential. By acknowledging each individual’s strengths and enabling them to be open about their contributions, employees are also likely to show heightened loyalty to a company that supports their growth.
A second key point is the importance of building a relationship of trust between executives and employees. As mentioned earlier in the paragraph about omikoshi management, there must still be an intermediary between higher and lower levels. The paper by the Japan Association of Corporate Executives suggests that a closer and stronger relationship of trust between the two levels would aid strongly in optimizing the utilization of personnel.
Lastly, a critical point for the future of Japanese management is fostering a global mindset in executives. With the continuous rise of globalization, companies and businesses need to promote a diverse work environment and open up to perspectives coming from various cultural backgrounds. The paper proposes that fostering a global mindset in executives will enable corporations to attract not only outstanding foreign employees but consumers as well.
Final Thoughts
In one of the previous parts, we provided three ch leads stories of companies that integrated certain principles into their operations and how they led to success. We hope that these stories have inspired you to try implementing Japanese management strategies in your own business as well. In short, we were able to tackle kaizen (continuous improvement), nemawashi (digging around the roots), and consensus-building which all contribute to the betterment of a company’s employees and overall growth. Which one was your favorite?
