short or long term
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Matteo Bortesi, a technology consultant at Accenture in Tokyo, said that "the Japanese think long-term. If they think they will benefit in 100 years, they will invest for their grand kids."
1. What do you think of Bortesi's observations?
2. Do American businesses follow such an approach? Why or Why not?
3. What perspective do you tend to manage with--short or long term?
4. What criteria do you use as a manager to help you find the balance between immediate rewards and future gains?
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Solution Summary
Matteo Bortesi, a technology consultant at Accenture in Tokyo, said that "the Japanese think long-term. If they think they will benefit in 100 years, they will invest for their grand kids."
1. What do you think of Bortesi's observations?
2. Do American businesses follow such an approach? Why or Why not?
3. What perspective do you tend to manage with--short or long term?
4. What criteria do you use as a manager to help you find the balance between immediate rewards and future gains?
Solution Preview
1. What do you think of Bortesi's observations?
I agree with Bortesi's observations because Japanese have a longer term orientation and they think about the longer term future, rather than shorter term gains for the shareholders. It is a typical cultural trait of Japanese people that they believe in establishing longer term relationships and life long commitment.
2. Do American businesses follow such an approach? Why or Why not?
American companies have a ...
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