Case NO.1: Matsushita
1. Triggers of cultural change in Japan during the 1990s were traditional ways of doing business. In 1990s, Japan was encounter with bubble burst of financial crisis (economic slump) then every business unit which were get the problem with crisis must change their business ways as fast as they can to make their business moving on with not crush. Businesses start to lay off worker and reduce business size to smaller and change in many internal process such as company benefit, company housing, etc. Then it makes cultural change on working attitude of worker to have less loyalty and focus on higher salary instead.
2. Japan ...view middle of the document...
Second, they could deny the guaranteed retirement bonus for higher starting salaries and keep perks. Third, they would lose any subsidize from company and guaranteed retirement bonus but they would start at a still higher salary. Moreover, the company has moved into new industries such as software engineering and network communications technology. It has begun to sing the praises of democratization of employees.
a. The culture changes are made quickly is lead to quickly change in business way of doing; first period may be lack of profit and performance on business but not be a long time from changing, business is recovery itself and moving again with normally step of business profit.
b. Take even decades to fully change the business way is lead to resistance of economy. They would not accept for all changing. Matsushita take choice b to doing business. The company continue poor performance until cannot survive and collapse in finally.
5. I think Matsushita itself (Owner thinking) can be...