American automakers are facing tough times, yet Toyota has so far avoided the usual reactions.
My gut feel is that Eastern businesses will evolve new mechanisms and ways of doing business, in how they acquire and retain employees, deal with customers, handle bad times, and conduct mergers and acquisitions. The "more recent" business truths (in the context of centuries old business philosophies) that gained foothold in the West primarily since WWII will be stressed, challenged - and we're already seeing some of that.
My gut feel is that Eastern businesses will evolve new mechanisms and ways of doing business, in how they acquire and retain employees, deal with customers, handle bad times, and conduct mergers and acquisitions. The "more recent" business truths (in the context of centuries old business philosophies) that gained foothold in the West primarily since WWII will be stressed, challenged - and we're already seeing some of that.
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