presentation japan
TRANSCRIPT
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Presented by:
Dustin Daniel
Mirwais Alokozay
Priyanka Kumari Jhala
Sabrina Kanani
Tapasya Trivedi
Zeeshan Waraich
JAPANESE CULTURE
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Todays Outline:
Japanese Culture Overview Video- How to do business in Japan
Success factors
ChallengesLessons and Recommendations
Video- 3 Most Common Mistakes
Video- Conducting yourself in a
Japanese Business Meeting
Case Presentations
Class Discussion
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Quick Facts on Japan!
Population= 127 million
Capital: Tokyo
99% of people are Japanese
Language Spoken: Japanese
Monetary Unit: Yen
Culture: Traditional yet
advanced
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Reasons to do business with the
Japanese
Third largest economy inthe world
The Japanese are
incredibly loyal
Japanese culture iscollectivist
Business decisions arelong-term
Kanban and Kaizen
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How to do Business in Japan
http://www.youtube.com/watch?v=aLwnLZdznVA&feature=relmfu
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But
Japanese culture is high inuncertainty avoidance
Cross gender inequalities
High-context style of
communication
Before doing business inJapan, you might want toconsider the following:
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Lessons & Recommendations
Speak slowly
Be mindful of where yousit & take notes during
business meetings
Do not be offendedwhen asked personal
questionsWrap gifts!
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3 Most Common Mistakes
http://www.youtube.com/watch?v=hvNYFwPwg3o&feature=relmfu
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Case 1- Toyota
The worlds largest automotive manufacturer in2010
Toyota is worth more than American Big three
automotive giants put together due to:TPS
Kaizen
Long-term PlanningConsensus Decision-Making
JIT-jidoka
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Conducting yourself in a Japanese
Business Meetinghttp://www.youtube.com/watch?v=j2nU9K
oB8hM
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Case 2: The Olympus Scandal
Briton Michael Woodford rare gaijin.
Sacked for voicing criticism against company.
Behaviour termed "aberrant" and "unforgivable.
Japanese pride in 'saving face.
Culture of honor, respect, loyalty.
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Class Discussion
What is your view on doing business with the Japanese?Would you go into business with them in the future? Why? Orwhy not?
What did you think of the two cases presented? What are youropinions on the cases?
Case 1- What do you think is the main reason of Toyota being so successful?
Case 2- What would you have done differently if you were in Mr.Woodfords place?
What about the Japanese business culture strikes you most?Compare it to how business is done in your culture.
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Thank you for your time