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...Company's Buying" [Aug. 20]: From the 1960s to the '80s the Japanese believed that workplace success was the top priority. Corporations rewarded employees for their service by applying the seniority wage system and guaranteeing lifetime employment. But the country's economic slump in the '90s destroyed this close-knit corporate culture, undermining the traditional work ethic. Despite signs of Japan's improving economy during the past several years, workers have become suspicious of employers' proposals for bringing back conventional labor policies. Younger salarymen came to value career moves over lifetime employment because they lost trust in their employer...

Author: /time Magazine | Title: Inbox | 9/6/2007 | See Source »

...company's buying" [Aug. 20]: From the 1960s to the '80s the Japanese believed that workplace success was the top priority. Corporations rewarded employees for their service by applying the seniority wage system and guaranteeing lifetime employment. But the country's economic slump in the '90s destroyed this close-knit corporate culture, undermining the traditional work ethic. Despite signs of Japan's improving economy during the past several years, workers have become suspicious of employers' proposals for bringing back conventional labor policies. Younger salarymen came to value career moves over lifetime employment because they lost trust in their employer...

Author: /time Magazine | Title: The People's Princess | 9/4/2007 | See Source »

...Company's Buying" [Aug. 20]: From the 1960s to the '80s the Japanese believed that workplace success was the top priority. Corporations rewarded employees for their service by applying the seniority wage system and guaranteeing lifetime employment. But the country's economic slump in the '90s destroyed this close-knit corporate culture, undermining the traditional work ethic. Despite signs of Japan's improving economy during the past several years, workers have become suspicious of employers' proposals for bringing back conventional labor policies. Younger salarymen came to value career moves over lifetime employment because they lost trust in their employer...

Author: /time Magazine | Title: Inbox | 8/31/2007 | See Source »

...made friends at the academy and at the university, where this summer she completed a precalculus course so that she can take college calculus in the fall. She has also developed an interest in biochemistry. Socially, Annalisee is finally learning to get along with others in a close-knit setting. "It's been interesting having to deal with that and getting used to, you know, the judgments of other kids," she told me in February. "We get into arguments a lot, because we're all really smart people with opinions, and it doesn't always turn out that great. Sometimes...

Author: /time Magazine | Title: Are We Failing Our Geniuses? | 8/16/2007 | See Source »

...that sense of team spirit and togetherness - called soshikiryoku - that many Japanese corporations are trying to rekindle. A generation ago, college grads entered companies en masse, lived together, drank together, quite often married each other, and retired together. This close-knit corporate culture, which was virtually national labor policy, was widely credited for Japan's meteoric economic rise. But it all ended when the country hit the skids in the 1990s. Threatened by cheap labor and more efficient business models, Japanese companies began adopting American management concepts such as merit-based pay and competition among employees. "The Japanese equated globalism...

Author: /time Magazine | Title: Relax, the Company's Buying | 8/9/2007 | See Source »

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