The fact that Nissan and Kanebo, two companies that have continued their opaque style of management, have been forced to make a complete about face is symbolic. Most importantly, in this era of severe competition, companies should improve their profit-seeking functions. Even those companies that have continued to honor the seniority system in order to maintain harmony among their employees can no longer avoid shifting towards meritocracy. Since the company can no longer afford to function as a community, it is important that each businessperson establishes his individuality. We must choose our own future.
Japan currently stands at a major crossroads.
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