Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Long-Lived Family Businesses in Japan: Factors of Success

Long-Lived Family Businesses in Japan: Factors of Success

Caspary, Sigrun C.
Kleve, Heiko
Kollner, Tobias

Hardcover

Series: Wittener Schriften Zu Familienunternehmen, Book 34

Business GeneralJapanese History

Currently unavailable to order

ISBN10: 3847116819
ISBN13: 9783847116813
Publisher: V&R Unipress
Published: Feb 12 2024
Pages: 273
Weight: 0.48
Language: English
Japanese family businesses are among the oldest in the world and many of them prove a history record of 200 years and more. Research on several case studies of century old firms ('shinise') in Japan reveal three factors as secrets of their longevity: (1) the Japanese family system ('ie') which favours the succession of the eldest son in the headship of family and business, (2) the option for adopting a capable successor; (3) the inclusion of the relationships with employees, customers, and members of the local community into the strategic decision making. The first chapters shed light on historical milestones, religious beliefs and cultural aspects, and the Japanese family system which shaped the development of family business. Further analysis deals with the succession process in Japan compared to the WIFU Model of Succession in German family firms. The analysis rounds off with perspectives on how to deal with the challenges the Japanese family businesses face regarding the recent changes in the Japanese society.

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