Japanese vs korean management style, difference between japanese and korean management style

Japanese vs Korean Management Style

In this post we are going to see Japanese vs Korean Management Style. Their styles teach us so much. All of us should learn from them.

Japanese vs Korean Management Style

Japanese vs korean management style, difference between japanese and korean management style

Before starting discussion on Japanese vs Korean Management Style,  we should know something about korean and japanese one by one.

CHARACTERSTICS OF KOREAN MANAGEMENT STYLE

Korean people and Korea, with the official name of Republic of Korea (ROK), is located East Asia. It has nine provinces and six special cities, with the population approximately 50 million. It has long history, and even though it has interacts with China and Japan for a long time, it generated its unique culture a developed its own tradition.
Indeed, the Korean culture is very different from not only Western cultures, but also neighboring countries’ and cultures in every aspect of culture. Even though some components of the culture are similar to Chinese and Japanese ones, cultural differences make the way to do business in Korea different from other countries, especially from China or Japan. Six critical aspects of Korean culture, including Kibun and Inhwa, the power distance/hierarchy Confucianism, the personal relationships in doing business and business etiquette in Korea have influenced Korean Management Style. Although there are more cultural aspects that influence its business practices in Korea, those six items of Korean culture are the most important ones regarding doing business in Korea by foreigners or multinational companies.

CHARACTERISTICS OF THE JAPANESE MANAGEMENT STYLE

People, rather than things or money, are at the center of Japanese management. When the characteristics of Japanese management are described this element cannot be ignored. It is said that after World War Il both employers and employees believed the aim of restoration of mass production in the Japanese economy was to organize people and skills effectively under democratic policy. A management system was established which reinforced a cooperative system between employers and employees.
This system was created because individuals, corporations, and the country agreed to restore Japan itself as well as to improve the style were three characteristics: lifetime employment, a seniority system for salaries and promotions, and labor unions within the corporation. The relationship between employers and employees is one of family members; of taking responsibility for each other. Each corporation creates its own culture to support this relationship.
Before making differences between Japanese and Korean management style, you should know that there are some similarities in Japanese and Korean management style: 
1. Japanese and Korean management have a cultural past to share. From 1910 to 1945. Japan invaded Korea, which left language and cultural values and within the Korean culture.
2. Both, Japanese and Korean firms tend to emphasize in market share and profit maximization as corporate goals.
3.Japanese and Korean management are active in monitoring their rivals and in their environmental analysis.

4. Long-term cooperative supplier relationships. Large and internationalized firms tend to cooperate with their suppliers in new product development.

Japanese vs Korean Management Style

S.NO. POINT OF DIFFERENCE

JAPANESE

MANAGEMENT

KOREAN 

MANAGEMENT

1 Strategic Goals They are characterized for their concerns on market share and profit maximization. Emphasize in market share and profit maximization even more than the japanese do then they start to grow and internationalize.
2 Environmental analysis Intensive monitoring of the substitute and rivals. Active monitoring the substitute then japanese.
3 Technology development and manufacturing Emphasize flexible manufacturing, meaning that is traffic to be able to adapt to change in the market. As they grow the emphasize on technology and very important to develop economic of scale.
4 Supplier relationship Corporate with suppliers in new product development and long term relation. As they grow an international the may try other cost effective supplier.
5 Job Vintage Japanese like stability of jobs and continuity in a form Employment practice is flexible. Korean time to change job more freely.
6 Employee participation Participation of workers and middle management is important employee theft app access consensus building and group loyalty are emphasized as principles. Top management tends to be authoritarian important decisions are made by the top management.
7 Scale base cost reduction Scale base cost reduction Is no longer attractive for Japanese firm . Korean firms are basing their strategies on a scale based cost reduction.
8 Monitoring of river sand suppliers Japanese phones are active monitoring Rivals and suppliers of substitute of goods. Korean form for activity monitoring their rivals but intensity to the potential threats from the suppliers of substitute goods.
9 Flexible manufacturing  More emphasize on flexible manufacturing. Less emphasize on flexible manufacturing
10 Customer information exchange Customer information explained as one of the most important variable.  Less customer information exchange In no International Company.
In conclusion:

Both of them are different from each other in realistic manner. But both of them are professional in their management styles.

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