Programme: M. Phil
Introduction to Japanese Economic Strength: Select Comparisons: Us, Europe & Developing Asia.
Basic Characteristics of Modern Japan:
Value system, Social Structure (vertical society), Homogeneity in Ability, Hierarchy and Interpersonal Relationship, Stress and Strain,
Business History of Japan
Evolution of JMNCs
Select Case Studies
Evolutionary vs. Dynamic
Organic vs. Mechanistic
Management system and its characteristics:
Collective decision-making - RINGI system, Consensus approach, Life-time employment system and its changing aspects, Seniority-based Wage practices, company-based unions
Recruitment, training, performance evaluation, and promotion, impact of Internationalization on personnel practices.
Management practices in small and medium business firms:
Labour Management Relations in Japan
Japan’s International Negotiating Style
Recession and Recovery (1994-2004)-Japanese Experience:
Rigidity vs. Flexibility
Transfer of Japanese management practices and technology and Japanese adapting to challenging situation. Impact of Globalisation- Labour Mobility and Capital Deployment (Kyosei debate) and attempts towards integrating with global economy.
The Bubble Economy Bursts:
1990s Recession: Impact - business and banks failure, rising bankruptcies,
Structural reforms, corporate downsizing and rightsizing, and relocation of industries to Asia, Rising Unemployment, Social Consequences (Welfare Schemes, Falling Birth Rate, Ageing Society)
Recovery and Prospects: special references to cases of success during recessionSUM UP: Merits and shortcomings of JABMAS