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Japanese Titans Of The 20th Century

Submitted by yap_tll on September 28, 2006

Category: Biographies
Words: 3504 | Pages: 15
Views: 276
Popularity Rank: 35,826
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Japan may have been the first Asian country to modernize in the 19th century, but products produced by this newly-opened nation back then were still subclass as compared to those produced elsewhere in the world. Unlike the Japan we know of today, Japan 100 years ago was only specialized in silk, textile and cotton production. A likely reason for this was the absence of competition due to the market regulation favoring state-owned businesses. As the 2nd World War erupted, factories throughout Japan were destroyed by the victorious Allied forces. With the defeat and surrender of this proud nation after the dropping of the atomic bomb, the Japanese nation had to once again rebuild. One valuable advantage the Japanese had was the aid given to them by the American nation in hopes that Japan would never enter into war again. This valuable American support came in the form of economic and humanitarian reforms. Still, as Japan was to take a new direction apart from it’s past practices, it had to have a new generation of leaders to guide and provide example for others to follow. These leaders had to have a vision of leading Japan not only to cooperate with the international community, but also to create responsible citizens. These leaders who have risen out of the Japanese postwar crisis are entrepreneurs who were willing to learn from other cultures and would not settle for mediocre systems and products. They have won praise not just for innovative products, but also for the push to make the employees more involved, as well as, develop their potential. Therefore, it is only just that these men were able to build world-class industries that can be found in the different parts of the world providing consumers with quality goods and services at friendly prices.
Successful Japanese industries such as Matsushita Electric Co., Honda, and Hattori-Seiko were all built by Japanese entrepreneurs who have toiled and took time to think of new ideas not just in products, but...

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