The conversation between human and AI assistant.
Why are Japanese companies losing to Chinese or Korean companies?
Yes, please. What are some management styles that Chinese or Korean companies employ that Japanese companies don't?
From my research, Chinese and Korean companies have been described as having a more hierarchical and authoritarian management style compared to the more consensus-based approach of Japanese companies. This can mean quicker decision-making processes and a more top-down approach to implementing changes. However, it can also result in less input from lower-level employees and a lack of adaptability to changing market conditions.