Japan’s New Way of Doing Business Offers Challenges and Opportunities

An update of the new Japanese way of doing business -- a hybrid of traditional Japanese and Western ways, with guidelines for Western businesspeople.

Online PR News – 09-June-2012 – TOKYO, JAPAN – Dramatic changes have occurred in Japan’s way of doing business since the late 1980s and early 1990s when its economic juggernaut was literally stopped in its track by the rapid rise of global competition and the fact that the Japanese real estate and financial industries copied American practices that were doomed to failure.

A new book by author Boyé Lafayette De Mente, "JAPAN – Understanding & Dealing with the New Japanese Way of Doing Business," details how the Japanese way of doing business has morphed into a hybrid of traditional culture-based elements and Western practices, and provides insights in how to deal effectively with this new reality.

Known for his pioneer business-related books on Japan — going back to Japanese Etiquette & Ethics in Business," published in 1959, and "How to Do Business in Japan," published in 1962—De Mente’s new book provides foreign companies with guidelines for competing with the Japanese on the domestic as well as the international front.

“Some of the traditional elements of Japanese business that were the foundation of the country’s astounding rise from the devastation of World Word II to become the world’s second largest economy between 1952 and 1970 have not changed.

“But other aspects that reflect both Western practices and Japan’s resent-day high-tech-based social culture present new challenges as well as opportunities, De Mente says.

He adds that the changes Japanese businesses have made and are ongoing ensure that they will continue to play a major role in the world’s economy.

His books are available in digital and printed formats from Amazon.com, and from the Barnes & Noble bookstore chain as digital Nook books.

Boyé Lafayette De Mente is the author of 70-plus books on the business practices, arts, cultures and languages of China, Japan, Korea and Mexico; on the degradation of American culture, and on the destructive aspects of male dominance in particular.
He is a graduate of Jōchi University in Tokyo and Thunderbird School of Global Management in Glendale, Arizona, and wrote the first books ever on the Japanese way of doing business: Japanese Etiquette & Ethics in Business [1959] and How to Do Business in Japan [1961].