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    Japan Inc's ritual hiring past sell-by date

    Sun, 06/24/2012 - 17:16 EDT - Yahoo! Business News
    • YahooBizNews

    Japanese job-hunting students dressed in suits attend a business manners seminar at a placement centre in TokyoTOKYO (Reuters) - Each April, hundreds of new graduates report for work in Japan's corporate world, all on the same day, all dressed in standard business black, and all ready to be molded into staunch company loyalists. Across the country, companies select and groom new staff under a decades-old formula that puts an emphasis on loyalty, diligence and conformity, not the vision or out-of-box thinking that experts say corporate Japan badly needs to halt its decline. ...

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    • Japan Inc's ritual hiring past sell-by date

      TOKYO (Reuters) - Each April, hundreds of new graduates report for work in Japan's corporate world, all on the same day, all dressed in standard business black, and all ready to be molded into staunch company loyalists.

    • Japan Inc's ritual hiring past sell-by date

      Each April, hundreds of new graduates report for work in Japan's corporate world, all on the same day, all dressed in standard business black, and all ready to be molded into staunch company loyalists. ...

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      Yves here. While readers may think development policy has limited relevance to US and advanced economy readers, the IMF and World Bank have been and continue to be vehicles to make the world, particularly smaller or otherwise more influenceable regimes, more friendly to the interests of US multinationals. And at the same time US companies are taking down a record share of GDP in profits, the country’s ranking in inequality is worse than that of many developing economies.

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      Ed. Note: This post is part of the Spotlight on Commerce series, which highlights members of the Department of Commerce who are contributing to the president's vision of winning the future through their work.Ellen Moran is the Chief of Staff for Commerce Secretary Gary Locke.As Chief of Staff I run the office of the Secretary, and ensure Secretary Locke’s priorities and initiatives are executed by the Department. I work with the Secretary daily managing his workload and departmental staff to assist him with carrying out the President’s vision for “Winning the Future.” Whether it is through launching the National Export Initiative or completing the 2010 Census on time and under budget, I make sure the department works efficiently and effectively to strengthen America’s economy through the Secretary’s vision.   Through our work we also have the unique opportunity to help American small businesses first hand, including those run by women.  Just this month, Acting Deputy Secretary Becky Blank and the Economics and Statistics Administration released the first comprehensive federal report in decades on the conditions of “Women in America.” The Department works continuously to address the challenges faced by women and girls especially in regard to the economic struggles they face. Through awarding startup grants or making export information and guidance available to those businesses ready to expand, the Commerce Department provides guidance daily to women entrepreneurs and business owners in order to foster the growth of the U.S. economy. Women have dramatically reshaped their role in the workforce over the past several decades and the U.S. economy will only benefit as more women continue to grow their businesses.

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