Word: ouchi
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...seeking to explain the economic success of Japan. Now, however, a much less recognized proposition is being advanced: the real secret of Japan's success is better management, especially in personnel policy. That is the thesis of an inscrutably titled book, Theory Z, by U.C.L.A. Management Professor William Ouchi that will be published in April by Addison-Wesley...
...Ouchi uses the terminology of Douglas McGregor, the late professor at M.I.T. who distinguished between two basic types of management attitudes in U.S. business: so-called Theory X bosses, who believe that workers are basically lazy and untrustworthy, and Theory Y managers, who hold the opposite view. Ouchi takes the alphabet one step further with the "Theory Z" corporation. This is a company that emphasizes long-range planning, consensus decision making and strong, mutual worker-employer loyalty. Ouchi argues that such corporations can be models for many American firms struggling with problems of high employee turnover, declining productivity and generalized...
Theory Z-style corporations are not simply a business-school ideal. They already exist widely in Japan, where American business practices and production methods have long since been adopted. There are also a few American corporations that have these characteristics. Among those spotlighted by Ouchi are IBM, Intel, Procter & Gamble and Hewlett-Packard...
...James A. Ouchi '72, also a member of the Constitutional Committee, agreed with von Stade and said that the constitution proposed by the PRG faces an uncertain fate because of its similarity to the one defeated by Mather last Spring because it was "too bureaucratic and traditional...
While everybody else was watching the side show, the Japanese were tending to business. Masashi Ouchi set a world record in weight lifting, hoisting a total of 1,003 lbs. to win the middleweight championship. Japan swept all 28 gold medals in swimming, dominated the track and field events, won first places in everything from badminton to bicycling. When the games finally ended, with a five-gun salute and the singing of Auld Lang Syne, the cool-headed Japanese had captured 218 gold, silver and bronze medals-167 more than their closest competitors...