ThisConnect What Happened To Japanese Products? | ThisConnect S0E02
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May 11, 2024 Kartikeya and Shumi discuss Japan's decline in product quality and strategy in India, exploring cultural and generational gaps. They touch on CEO turnover rates, management differences, and lack of innovation in Japanese companies. The podcast reflects on the challenges faced by Japanese brands in global markets and the need for cultural evolution in a fast-changing world.
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Japanese Brands Losing Direction
- Japanese brands once led innovation but now many are lost and stuck in old methods.
- Clinging to 'the Japanese way' limits their ability to adapt to global and Indian market changes.
Japanese Process Obsession
- Japanese process culture obsessively adheres to exact protocols even when inefficient.
- An airline meal service took 45 minutes because staff waited for specific passengers despite identical meals for all.
Short CEO Tenures Limit Impact
- Japanese CEOs often have 2-3 year tenures in India, limiting their impact.
- This short tenure prevents deep understanding and effective leadership in the complex Indian market.