Also from the same magazine is an article by Yale University Professor Koichi Hamada containing his recommendations on fiscal and monetary policy and mechanisms for macroeconomic decision-making. The Economist features two special sections on rising share prices and Japan's awareness of nongovernmental organizations. JEU selected a discussion by two experts on the topic of how Japanese managers are paying closer attention to stock market trends. Diamond, March 11, 2000. Katsumi Sakaguchi, a senior official in the personnel department at Takeda Chemical Industries, a leading pharmaceutical company, and Takashi Kamiya, the manager of Fuji Photo Film's personnel department, present two views on the rapid adoption of results-oriented employment and compensation systems by Japanese companies.
Japanese corporations pay lip service to merit-based approaches.
People who stand up and say 'I have ability, so give me a chance to demonstrate it' should not be looked down upon or scolded for being self-centered. But the fact is, most corporations have self-evaluation systems in name only and not in reality. Toyo Keizai, March 11, 2000. Sony Computer Entertainment's next-generation video game, PlayStation 2, has gone on sale. PlayStation 2 transcends the video-game category by being able to play DVDs and CDs.