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A Japanese Company in Crisis: Ideology, Strategy, and by Fiona Graham

By Fiona Graham

Jap white-collar staff were characterized by means of their excessive loyalty and life-long dedication to their businesses. This ebook is predicated on very wide ethnographic study within a jap coverage corporation in the course of the interval while the corporate was once facing an immense hindrance which led to the company's financial ruin and cave in. It examines the attitudes of eastern staff in the direction of their paintings, their corporation and comparable concerns at a time whilst the status quo and confirmed attitudes have been below probability. the wide variety and element of the reporting of employees' attitudes, usually of their personal phrases, sustained over a substantial timescale, makes this learn a very important source.

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Extra info for A Japanese Company in Crisis: Ideology, Strategy, and Narrative (Contemporary Japan)

Sample text

One employee comments: T: In 1990 I was in the loan department. And at that time, I was in a section that was doing some of the accounting for the company. So I could see which were the bad loans and which loans money was no longer coming in on. So from that time I could see that things were getting worse and worse. I could see that actually myself in my heart (mi ni shimite wakattandesu). I thought this was a really bad situation (mazui). I kept on thinking, ‘Has this one gone bad as well? ’ From that time onward I had an inkling that we were in a dangerous position (ususu yabai na to omotta), and I thought it was going to get really bad.

C-Life had already been advertising for people to quit of their own accord, but they were advertising for people of above 45. I am still 43 so I thought that I would be OK for another two years. I can only get ten months of unemployment insurance. 44 THE CURRENT SITUATION The situation in our company is very harsh. We will restructure 850 people in total; fifty of those are already retirement age and the others will be chosen from among the normal workforce. 400 are to be chosen by this spring and the remaining 400 by the following autumn.

I do think that it can’t be helped considering the condition of the company. But people have been saying that the company is in danger for five or six years now. In 1997, when Yamaichi went bankrupt, I thought the end was near for us as well. But we survived that and I thought that perhaps we were going to be OK. And then all of a sudden this huge restructuring plan! I was really surprised. I thought that I would live my whole life out in C-Life. Because it is easy… If I can find a way to remain I would still want to do so even if the atmosphere wasn’t very good after I tried to remain.

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