Q5) What does the Matsushita case teach you about the relationship between societal culture and business success? Societal culture and business culture are strongly intertwined. The values and traditions that are important in societal culture will typically be important in corporate culture as well.
How did traditional Japanese culture benefit Matsushita during the 1950s 1980s?
During the 1950s -1980s Matsushita was able to benefit from traditional Japanese culture because the business was able to hold onto personnel through period of extreme growth, hence retaining acquired knowledge, experience and skills.
What are the implications for Matsushita if a the changes are made quickly or B it takes years or even decades to fully implement the changes?
What are the implications for Matsushita if (a) the changes are made quickly or (b) it takesyears or even decades to fully implement the changes? Answer: They wanted people to encourage individuality, start believing in the employeedemocratization and were seeking younger employees.
What were the triggers of cultural change in Japan during the 1990s how is cultural change starting to affect traditional values in Japan How might Japan’s changing culture influence the way Japanese businesses operate in the future what are the potential implications of such changes for the Japanese economy How did traditional?
How is cultural change starting to affect traditional values in Japan? Cultural change in Japan was triggered by the economic recession in the 1990’s. Traditional Confucian values focused on loyalty, high moral and ethical values and set the pathway for relationships with others in traditional Japanese businesses.
What is Matsushita trying to achieve?
With the human resource changes it has announced, Matsushita is trying to achieve a younger workforce that is encouraged with individuality, initiative taking and risk seeking. If old employees do not make way for new employees, the company will have a slower growth rate with an aging workforce.
