Japanese miracle versus thirty-six years of excellence in American searching groping

Cristina Raluca Popescu (), Gheorghe N. Popescu () and Veronica Adriana Popescu ()
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Cristina Raluca Popescu: The Bucharest University of Economic Studies, Bucharest
Gheorghe N. Popescu: The Bucharest University of Economic Studies, Bucharest
Veronica Adriana Popescu: Commercial Academy of Satu-Mare, Satu-Mare

Manager Journal, 2014, vol. 19, issue 1, 18-26

Abstract: The paper Japanese miracle versus thirty-six years of excellence in American searching groping presents the way in which a country which can ensure the necessary from own resources only to the limestone and sulfur, having a hardworking population, highly disciplined, proud and persevering has managed to install in the consciousness of the world an undeniable phenomenon called Japanese miracle.In this paper the authors tried to decipher some of the mechanisms that have made the great achievements of Japanese. The authors believe that being forced to start from scratch, the availability and openness that they had in order to learn from others, especially from the best managers the moment, but also from their mistakes enhanced by the consistency and perseverance of not doing sacrificing quality, represented the main factors of success. The Japanese have used like nobody else the oil crisis as a great opportunity, by restructured and modernized their economy, while their total dependence on raw materials forced them to be imaginative into collaborations of all kinds and become very performant. No one before them has harnessed more the new technologies communications, coordination and mainstreaming.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:but:manage:v:19:y:2014:i:1:p:18-26

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