Next business management . In the post-World War II era a set of Japanese cultural patterns and managerial practices came to be known collectively as the Japanese management style or Japanese management techniques. Many of these techniques were credited with helping vault the Japanese economy to its status as the world's second largest, behind only the United States
Japan has a structure, which is referred to as Japan’s ‘integrated national system’. This system brings together the following forces: a unique management style; advanced technology; abundant capital; supportive government; an international network for intelligence and coordinated action; effective vertical and horizontal links among companies; and a strong sense of national mission. Japanese management system plays a big role in the nation’s powerful integrated national system. Japanese management is known for lifetime employment, seniority-based wages and promotions, consensus decision-making, and enterprise unions. These factors are important for Japan’s integrated national system and make the system what it is today.
Technology also plays a role in the INS. It has been said that the Japanese are not creative but rather imitators, however, this is false considering that Japan has expanded its recent technological developments. With these recent technological developments in Japan, it can be said that technology qualifies as an important part of Japan’s integrated national system.
Another big role of Japan’s INS is its capital. Japan is now the world’s largest creditor nation, which has invested much of surplus abroad. Japan has come to play a foremost role as a supplier of funds for international financing. The big surplus of capital in Japan comes not only from selling more to the world than it buys but also the result of the high tendency among the people to save. Another factor that plays into Japan’s INS is a close relationship between business and government. The Japanese government has been perceived as a source of guidance and encouragement. There is a high level of cooperation between Japanese business and government. The international network is also another key element in Japan’s integrated national system. It may be the most important component. Japanese representatives live and work in other business centers in the world. They are there for an extended period of time and also during that time they learn the language, culture and customs of the host country. This is important because those representatives are able to pass on economic and political intelligence back home and into the offices of Japan. The next factor that is important to Japan’s integrated national system is the horizontal and vertical organization. Horizontal meaning big companies are linked with other big companies and vertical meaning large companies are closely tied with many small companies. These groups are tied together by horizontal and vertical links and grouped together to fit into a solid national pattern. Lastly, the powerful sense of national mission plays an important component of Japan’s integrated national system. This sense of national pride has motivated Japan to dedicate such goals as restructuring the industry and assume the responsibilities as well as the rewards of true internationalization.