An approach to East Asian region
About East Asia
The East Asian region its currently playing an important role in the world for its well known economy development including market and production growing, all the world has been focusing on them and their model since the last few years. The class based on this represenatative geographic area was totally captivating for me, since I´ve heard so much about their economy, but not that much about their cultural approach.
This region represents a quarter of the total population of the world and its constituted mainly by:
• People's Republic of China (Including Hong Kong and Macau)
• Japan
• South Korea (Republic of Korea)
• North Korea (Democratic People's Republic of Korea)
• Republic of China (Taiwan)
• Mongolia
• Siberia, Russia (considered either East Asia or North Asia)
Something important to know about their way of living, are the most practiced religions, in which we can include Buddhism, Confucianism, Taoism, and Chinese folk religion, Shinto, Shamanism and even Christianity. And
the most predominant languages in the region are Chinese, Japanese, Korean and Mongolian.
Even though it's a big mixture of cultures and identities in this region, diversity is not so easily perceived, due to the fact that throughout history, many of these East Asian societies where part of China and its cultural sphere. That's why these cultures are at the same time similar, but also unique andso different between each other.
Japanese management model
Not so much about this model was mentioned during my classmates exposition, I found some interesting statements in the suggested document for the module: Lee, Jangho, Thomas W. Roehl, & Soonkyoo Choe. 2000. What Makes Management Style Similar and Distinct Across Borders? Growth, Experience and Culture in Korean and Japanese Firms. Journal of International Business Studies, 31(4): 631-52.
From which I took some main ideas of the Japanese management model, understanding that they work in a group oriented strategy guided by the corporate values.
They tend always to connect product desing and production in order to have improved products with better results. Regarding their relationships with the external persons of the company they Exchange information with customers and try to construct Cooperative Supplier relationships.
Koreas – Chaebols
A Chaebol can be defined as a business group consisting of large companies that are owned and managed by family members and relatives in many diversified business areas (Sangiin and Sang, 1987).
Inside Chaebols relationshisp between superiors and subordinates are characterized by a high degree of paternalism. This means that a supervisor or manager will assume personal responsibility for the development of his subordinates, but also that these subordinates will respond by showing proper respect and obedience.
How was the East Asian economy behavior during the last few years?
In the economical aspect i wanted to look deeper since during the exposition not so many rates o examples where given, i foun out this so intetrersting: (Rashid 2008)As one looks over the many momentous events that took place in the 20th century, such as the two World Wars and the Cold War, one lesser noted event stands out sharply for its long-term significance. It is the lesson East Asia has taught the World--7% economic growth is possible. And this growth can extend for decades. First Japan, then Taiwan and South Korea, then China, all have shown that 7% is not a one-shot event but a real possibility.
Ten years on from the 1997 financial crisis, East Asia is wealthier, poverty rates are lower and growth is faster than ever before. According to the World Bank, developing economies in East Asia grew by an average of 9.5 per cent in 2006.
Some countries with low income, such as Cambodia, Laos, Vietnam and Mongolia also grew at an impressive 8 to 10 per cent. According to World Bank estimates, in 2006 the number of people in East Asia living on less than US$2 a day fell to around 29 per cent of the population.
References
Lee, Jangho, Thomas W. Roehl, & Soonkyoo Choe. 2000. What Makes Management Style Similar and Distinct Across Borders? Growth, Experience and Culture in Korean and Japanese Firms. Journal of International Business Studies, 31(4): 631-52.
Salim Rashid. (2009). The Magic of 7% Per Capita Growth. Society, 46(2), 108. Retrieved March 22, 2009, from Research Library Core database. (Document ID: 1679788101).
China, Japan, South Korea to Smooth Trilateral Logistics. (2008, December 15). SinoCast China Business Daily News. Retrieved March 22, 2009, from ProQuest Asian Business and Reference database. (Document ID: 1612601351).
Hannah Beech. (2008, December). Japan Reaches Out. Time International, 172(21), 30. Retrieved March 22, 2009, from Research Library Core database. (Document ID: 1602001031).
Arango, Maria Isabel. Organisations and Culture. Class notes. 2009
Image: Source: http://www.mnsu.edu/emuseum/cultural/music/images/east_asia.gif
About East Asia
The East Asian region its currently playing an important role in the world for its well known economy development including market and production growing, all the world has been focusing on them and their model since the last few years. The class based on this represenatative geographic area was totally captivating for me, since I´ve heard so much about their economy, but not that much about their cultural approach.
This region represents a quarter of the total population of the world and its constituted mainly by:
• People's Republic of China (Including Hong Kong and Macau)
• Japan
• South Korea (Republic of Korea)
• North Korea (Democratic People's Republic of Korea)
• Republic of China (Taiwan)
• Mongolia
• Siberia, Russia (considered either East Asia or North Asia)
Something important to know about their way of living, are the most practiced religions, in which we can include Buddhism, Confucianism, Taoism, and Chinese folk religion, Shinto, Shamanism and even Christianity. And
the most predominant languages in the region are Chinese, Japanese, Korean and Mongolian.
Even though it's a big mixture of cultures and identities in this region, diversity is not so easily perceived, due to the fact that throughout history, many of these East Asian societies where part of China and its cultural sphere. That's why these cultures are at the same time similar, but also unique andso different between each other.
Japanese management model
Not so much about this model was mentioned during my classmates exposition, I found some interesting statements in the suggested document for the module: Lee, Jangho, Thomas W. Roehl, & Soonkyoo Choe. 2000. What Makes Management Style Similar and Distinct Across Borders? Growth, Experience and Culture in Korean and Japanese Firms. Journal of International Business Studies, 31(4): 631-52.
From which I took some main ideas of the Japanese management model, understanding that they work in a group oriented strategy guided by the corporate values.
They tend always to connect product desing and production in order to have improved products with better results. Regarding their relationships with the external persons of the company they Exchange information with customers and try to construct Cooperative Supplier relationships.
Koreas – Chaebols
A Chaebol can be defined as a business group consisting of large companies that are owned and managed by family members and relatives in many diversified business areas (Sangiin and Sang, 1987).
Inside Chaebols relationshisp between superiors and subordinates are characterized by a high degree of paternalism. This means that a supervisor or manager will assume personal responsibility for the development of his subordinates, but also that these subordinates will respond by showing proper respect and obedience.
How was the East Asian economy behavior during the last few years?
In the economical aspect i wanted to look deeper since during the exposition not so many rates o examples where given, i foun out this so intetrersting: (Rashid 2008)As one looks over the many momentous events that took place in the 20th century, such as the two World Wars and the Cold War, one lesser noted event stands out sharply for its long-term significance. It is the lesson East Asia has taught the World--7% economic growth is possible. And this growth can extend for decades. First Japan, then Taiwan and South Korea, then China, all have shown that 7% is not a one-shot event but a real possibility.
Ten years on from the 1997 financial crisis, East Asia is wealthier, poverty rates are lower and growth is faster than ever before. According to the World Bank, developing economies in East Asia grew by an average of 9.5 per cent in 2006.
Some countries with low income, such as Cambodia, Laos, Vietnam and Mongolia also grew at an impressive 8 to 10 per cent. According to World Bank estimates, in 2006 the number of people in East Asia living on less than US$2 a day fell to around 29 per cent of the population.
References
Lee, Jangho, Thomas W. Roehl, & Soonkyoo Choe. 2000. What Makes Management Style Similar and Distinct Across Borders? Growth, Experience and Culture in Korean and Japanese Firms. Journal of International Business Studies, 31(4): 631-52.
Salim Rashid. (2009). The Magic of 7% Per Capita Growth. Society, 46(2), 108. Retrieved March 22, 2009, from Research Library Core database. (Document ID: 1679788101).
China, Japan, South Korea to Smooth Trilateral Logistics. (2008, December 15). SinoCast China Business Daily News. Retrieved March 22, 2009, from ProQuest Asian Business and Reference database. (Document ID: 1612601351).
Hannah Beech. (2008, December). Japan Reaches Out. Time International, 172(21), 30. Retrieved March 22, 2009, from Research Library Core database. (Document ID: 1602001031).
Arango, Maria Isabel. Organisations and Culture. Class notes. 2009
Image: Source: http://www.mnsu.edu/emuseum/cultural/music/images/east_asia.gif
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