The Japanese Management System

Image courtesy of khunaspix at FreeDigitalPhotos.net

I have not spent time with any Japanese but I have with some chinese people. I do love their mannerism and not to mention I love chinese food (the food you eat should be halal). Hmm, I was carrying out my research today and I came across these words "Japanese Management System", then I thought to myself this will be interesting. I am familiar with strategic management, however, this is peculiar to Japan. Japan is the 3rd largest economy in the world, thus, I know you will be curious to know about their management system.

Their style of management can be applied to a business. I found out that the reason why Japan excel is because of their hard-work, commitment of their citizens to the company they work for and an education system that delivers highly skilled and self motivated graduates.

After that being said, the Japanese management system encourage businesses to make products that have no fault, using the cost leadership strategy to promote these products. They believe that the best way to strategic success is to utilize human resources to the maximum. In all, the Japanese encourages businesses to focus on growing their market share, to always have long term plans and to always promote innovation and quality improvements. Hope you have gained a thing or two.

Make sure your business is halal. Everything happens according to the will of Allah. Everything should be done deliberately for the sake of Allah. Part of doing something deliberatèly for the sake of Allah means hoping for a reward from Him (in this life and life after death).

Halal is anything lawful Islamically.

Keep checking out my blog daily. Cheers!

Comments

Eid Mubarak

Hope you have a good one

The saverholic

Image courtesy of dan at FreeDigitalPhotos.net It involves minimal risk saving your money. I always say first save your money in an halal account, once it has reached a particular threshold start investing. The saverholic only saves and saves and saves and cannot afford to take well calculated risks. Because, all you do is to save money. Invest in other markets, the higher the risk the higher the return, diversify your investment portfolio. All individuals that have achieved financial growth of great heights are risk takers, and they know that some risk might turn out negative but they know is all part of the process. They learn from it and apply it to the next risk they take and eventually they become experts at the risk they take (risk taken should not be excessive(too much uncertainty)). Then they end up having 80% success rates which I think is good enough. Make sure your business is halal. Give charity regularly from your income, Allah loves charity an...

The need for constant power supply in developing nations

Hello readers, I will be writing about electricity today. I will be using Nigeria as a case study. Electricity is one of the factors that contributes to the success of an organisation. Developed countries have been able to maintain a constant power supply. If they are able to have constant power then it is achievable. Constant electricity could attract good companies, thereby creating employment opportunities. This could alievate poverty in the developing countries. Thus, the GDP (Gross Domestic Product) of the economy will improve. The challenge here with having constant power supply is also not to pollute the environment as fossil fuel is mostly used for the supply of electricity. Greener alternatives could be used such as tidal energy and wind energy. In my opinion, electricity could be constant in Nigeria if the industry is privatised. The privitisation of the telephone industry made mobile phone easily accessible by individuals. Most people own a phone, both ...

Islam and Business Finance

Search This Blog