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Why Japanese Firms Attract Talents From Overseas Case Study

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Why Japanese Firms Attract Talents From Overseas Case Study
Why Japanese firms cannot attract talents from overseas:
The consequence Japan faces from postwar economic growth

Today, Japanese firms are in jeopardy of surviving. Due to the advent of globalization and the shrinking of the domestic market in Japan, it became essential for the firms to gain talents from overseas. However, it is a well-known fact that Japanese companies do not attract the foreign talents. Singapore is not an exception. In fact, none of the Japanese firms were included in Singapore’s top 100 employers (trendence, 2013). In NUS module, ‘Japan and Singapore’, a guest lecturer conducted a survey on NUS students. His data (2014) shows that the problem Singaporean students see in the Japanese firms are: low starting salary, slow …show more content…
Fukawa says the cause of Karōshi lies in the Japanese work ethics. In fact, he states that the employers established the work ethics by way of management during the 1960s. Japanese ideals lie not in the profit, but the process of hard work (2006). Thus Karōshi was not visible back then since hard work was seen as virtue. Karōshi became an issue only after the end of growth and its attention from overseas. CNN and BBC broadcasted when Karōshi gained its position in the Oxford online dictionary. The word Karōshi made Japan famous for its rigid working environments (Morioka, 2004). Therefore, Karōshi is one of the negative factors that resulted from the postwar economic growth, which detracted the reputation of Japanese …show more content…
2006. The Japanese Economic Growth in Post War and Ethical Ideas regarding Labor. [Online] Available from: http://ci.nii.ac.jp/els/110006459325.pdf?id=ART0008476455&type=pdf&lang=jp&host=cinii&order_no=&ppv_type=0&lang_sw=&no=1413104770&cp [Accessed: 12 October 2014]
Hirai, Yoichi. 2011. What is Miike strike. [Online] Available from: http://oohara.mt.tama.hosei.ac.jp/oz/631/631-02.pdf [Accessed: 12 October 2014]
Iguchi, Yusuke. 2014. What Japanese firms lack in global market – proposal by Sato Kashiwa. [Online] Available from: http://www.huffingtonpost.jp/yusuke-iguchi/proposal-of-kashiwa-sato_b_5910818.html [Accessed: 12 October 2014]
Lee, Michiaki. 2014. Japan and Singapore, SSA2205. [Lecture notes] Japanese Businesses in Singapore “Growing Together”. Singapore Studies Module. National University of Singapore, Department of Japanese Studies, University Town, 02 April.
Morioka, Koji. 2004. Karōshi and Karō suicide from Japan and the U.S. comparison. [Online] Available from: http://www.osaka-karoshi.jp/library/world/87/ [Accessed: 12 October 2014]
Sugimoto, Yoshio. 2010. ‘Japaneseness’, Ethnicity, and Minority Groups. An Introduction to Japanese Society. Cambridge: Cambridge University Press.
Trendence. 2013. Singapore’s 100 Leading Graduate Employers. [Online] Available from: http://www.singapores100.com/Ranking.aspx [Accessed: 12 October
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