## Practice of strategic change in Japanese companies . The unique economic and management systems which have been successful in the past are no longer enough. . Japanese companies need to develop management approaches which are appropriate for a turbulent environment. . The article argues that
✦ LIBER ✦
Japan, quo vadis? Strategic change in Japanese firms
✍ Scribed by Gen-Ichi Nakamura
- Publisher
- John Wiley and Sons
- Year
- 1999
- Tongue
- English
- Weight
- 117 KB
- Volume
- 8
- Category
- Article
- ISSN
- 1086-1718
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✦ Synopsis
Japan, quo vadis? Strategic change in Japanese ®rms
. Many Japanese ®rms have not adjusted to the aftermath of the bubble economy.
. The article explores reasons, arguing that many major Japanese ®rms followed an incremental strategy, whereas they now ®nd themselves at the edge of chaos.
. A complete change of attitude is needed by the leaders of many companies.
. Suggestions are made for what is needed to take businesses into the 21st century.
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