Make a comparative study of values system practiced in Japan, China and America.
Value systems in Japan, China and America differ as follows:
A Japanese employee remains in a single organization, once he joins it. Actually, this happens because, in Japan, job security is valued most. On the other hand, in China, hire-fire policy works on rampant scale. Major sectors have state-owned players. China practises communism, hence equitable wages exist everywhere. Job-hopping is virtually non-existent because of similar opportunities. In America, job-hopping has become obvious. Employees keep on changing jobs in search of better avenues.
In Japan, workers play important role in decision-making, as in they are considered as owners of the organization. They practice various concepts like quality circles and help organization towards achievement of goals. Usually group-incentive schemes are common practice in the Japan. In China, state is the owner of all the channels of production. Employees have got nothing to do with the decision-making process. In the US, capitalism has resulted into private ownership. Employees are a part of decision-making process, but usually through individual incentive scheme.
Japanese believe in ‘Keiretsu’, the long-term relationships with their stakeholders, their suppliers. It is because of their social attachment that they collectively achieve success. In China, government maintains relationships with the stakeholders as per its communist ideology, while in the US, relationships exist on professional level, and suppliers are selected on the basis of cost-effectiveness and are changed for better bargains.
The above were some of the differences in Japanese, Chinese and American ideologies.