By Fiona Graham
Jap white-collar employees were characterized via their severe loyalty and life-long dedication to their businesses. This e-book relies on very wide ethnographic learn within a jap assurance corporation through the interval while the corporate was once facing an important challenge which resulted in the company's financial disaster and cave in. It examines the attitudes of eastern staff in the direction of their paintings, their corporation and similar matters at a time whilst the status quo and demonstrated attitudes have been less than hazard. the wide variety and aspect of the reporting of staff' attitudes, usually of their personal phrases, sustained over a substantial timescale, makes this learn a very worthwhile source.
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Extra info for A Japanese Company in Crisis: Ideology, Strategy, and Narrative (Contemporary Japan)
As one analyst comments: To be fair, in most cases, the biggest burden has fallen on policy-holders. Unlike the banks where depositors have been universally protected, the policy-holders in Nissan Life and most recently in Toho Life are going to take some very substantial pain by being involved in a failed company. So this is definitely being played by different rules. And government, or taxpayer money is being used much more sparingly than was the case in the banks. The fact is that the policy-holders have no choice.
But now America has done a lot of restructuring and regained business efficiency. ‘Efficiency’ has become a key word. And it is interesting to note that it is invariably coupled with market systems. Employees have realised that the Japanese system as they knew it—whether they personally liked it or not— was not a true market system. W: There is a lot of awareness of the corporate guidance problem lately. In bureaucracy-ridden companies it is not a question of ability. You just need the right permission to be able to do business.
They were the most popular companies for employment among new recruits, and were lauded continually by the mass media. P: It was really fun back then in the bubble. It was so much fun that you couldn’t help wondering if it was OK for it to be this much fun. It was a really wonderful age. S: It was a really good period then economically. Everything seemed like it was floating. Stock prices were zooming. The life insurance companies were called ‘The Lifers’ in capital letters because they were fat with money and allpowerful.