Abstract

The purpose of this paper is to clarify the reasons why most of the Japanese companies have a high regard for employee's competence and don't adopt personnel retrenchment as one of the urgent countermeasures to come out of a business slump. We looked over historical documents about business disciplines and practices from the 17th century to the 19th century, and examined ideas, beliefs, and philosophy advocated in those documents in order to elucidate the reasons why the Japanese companies assume the human-oriented attitude toward its employees, and extracted a conclusion that the human-oriented attitude in the Japanese management has its origin in the spirit of Ji-hi, such as the virtue of compassion of the Buddha.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.