This paper compares and contrasts the American and Japanese styles of decision-making in business.
Written in 2007; 3,764 words; 5 sources; MLA; $ 103.95
Paper Summary:
The paper considers cultural differences in the Japanese and Western styles of business decision-making and addresses the issue of whether it is useful to integrate such widely differing paradigms. The paper explains the Japanese system of business decision-making known as Ringi, which means decision-making by consensus. The paper contrasts this to the United States' pioneering spirit and individualistic emphasis which is the basis of American business decision-making. The paper contends that both the Western and Ringi decision-making systems have advantages. The paper precision and detail-oriented approach of the Ringi system could be integrated by Western companies in order to avoid making rash and potentially costly mistakes and by partnering with the West, Japanese companies could profit from a paradigm of innovation.
From the Paper:
"The Japanese system of business decision-making is known as Ringi, which means decision-making by consensus (Ala & Cordeiro, 1999). This system is based upon the evolution of Japanese culture. The evolution of the Japanese household serves as a model and basis for this business practice. Traditionally, all the decision-making power lay with the head of the household. This autocratic system was also used for business practices. However, with the increasing complexity of Japanese businesses, delegation and sub-management became increasingly important. The welfare of the group began to be seen as taking precedence over the concerns of the individual."
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