The Japanese management system in terms of leadership is better then US CEO leadership because the boss also took a pay cut and no bonuses if the company is losing business. Why the Japanese management behave this way is rooted in the origin of modern industry in Japan. Prior to modernization, Japan was feudal with society geared to support lords and their samurai protectors. When Japan industrialized, the leaders had to figure out what to do with the samurai warriors. Many were assigned to new industries as managers. They took many of the military style leadership principles with them. One is lead by example. They take care of the people under them and the people under them took care of him. Workers are not something one buys, use and throwaway. The manager and workers need each other to succeed. Managers share the glory and the price of defeat. Unfortunately corporate managers in the US fail in this concept. They like the poor think they are entitled to bonuses and raises because they are the boss, even if the corporation is losing money. Like Democrats, corporate CEO’s do not believe in sovereign nations, and make others do what they say and not do what they preach.
So, how is the Japanese economy these days?