BUSINESS MAVERICK: OP-ED: The rapidly changing face of Japan Inc

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 84%

Business News News

Business Business Latest News,Business Business Headlines

BUSINESS MAVERICK: OP-ED: The rapidly changing face of Japan Inc By Roderick Ngoche

Japan, as a nation, has a rich cultural history that dates back millennia. The norms and traditions that help define this East Asian country have been around since time immemorial. The samurai, the ancient warrior-class that remains indicative of Japanese culture, especially to those of us not from the Land of the Rising Sun, neatly encapsulate its way of life., loosely analogous to the European concept of chivalry, stressing a combination of frugality, sincerity, loyalty and honour until death.

In 1999, three of the world’s largest car manufacturers, Nissan, Mitsubishi and Renault, formed a strategic partnership in which they agreed to act in the financial interest of one another while maintaining their unique brand identities. Carlos Ghosn, the man behind the alliance, succinctly characterised this partnership as similar to that of a marriage.

Though it would seem that despite intense public attention, Nissan is reluctant to change what has clearly become a toxic, win-at-all-costs culture. But Nissan has not been the only one to act irresponsibly. Kansai Paint, an Osaka-based chemicals company and leading original equipment manufacturer of both automotive and industrial paints, has also been in the spotlight over the way it has acted recently., Kansai Paint expanded its business into a plethora of both emerging and mature markets across the globe, from Vietnam to Indonesia, Tanzania to the Middle East.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BUSINESS MAVERICK: Petroleum draft bill lays uncertain foundation for SA oil and gas productionThe draft Upstream Petroleum Resources Development Bill was published in the Government Gazette on Christmas’s Eve for public comment. The state will get a 20% free stake in all projects, which must also have a minimum of 10% black ownership. It remains to be seen if this will attract the investment needed to kickstart the sector. Gwede imagines that investors will come running. He is such a fool.
Source: dailymaverick - 🏆 3. / 84 Read more »

BUSINESS MAVERICK: Daniel Mminele takes charge at AbsaThe revolving door between government and the private sector continues to revolve as former deputy governor of the South African Reserve Bank joins Absa as CEO, just a week after the former Nampak CEO took up his new position as CEO of Eskom.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Gold Holds Near Six-Year High With Focus on Tehran’s Next MoveGold held near the highest level in more than six years as investors tracked developments in the Middle East, with the U.S. committing more troops to the region amid its standoff with Iran, which has pledged to hit back against Washington for the killing of a senior Iranian general.
Source: dailymaverick - 🏆 3. / 84 Read more »