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Panasonic and Japan’s Changing Culture. Case Analysis

In: Business and Management

Submitted By wangeles
Words 861
Pages 4
This case study made it very attention-grabbing because of the hiring process or practices by Panasonic Company, and how this hiring practices change throughout the time. It is very apparent the there is a change in culture and also change the way Matsushita run their business. The case study starts out by giving a picture of how Panasonic by tradition took care of its employees, containing providing affordable housing, seniority-based pay systems and an assured retirement bonus. With all these benefits most of the employees stay to the company for life and provided dedication and loyalty. As time went on, however, new generation or younger workforces weren’t so anxious on compelling to old-style Japanese beliefs as their blood relation and not looking for long term but instead were much more contented with higher salaries at the times. Lastly, Panasonic went through some irregular periods, namely in the 1990’s and 2009. These coarse periods steered Matsushita to turn back to its longstanding views of employee faithfulness, and it closed factories that resulted in laying off 15,000 employees and for me the most shocking is 7,500 of these employees are in Japan.
A change in customary beliefs or values started to arise in Japan as the group born after 1964 happening to come of age. This generation embraced or keener of the Western customs and repelled many of the values shared by their parents. Numerous observed as distressed companies defaulted on lifetime service dedication or faithfulness completed during the post-ward era and pronounced that as an alternative of working in company all their life they desired the liberty to receive higher salary and move around like what was happening in Western countries. In this innovative cultural age, what was further vital in Japan commerce is as individual effort which is values typical of workers in the Western countries,

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