The internationalization of Japanese management

As scholars and business leaders the world over have come to realize that Japanese products equal or surpass in both quality and price the best that other advanced industrial nations have to offer, they have naturally begun to pay more attention to Japanese‐style management. The developing nations have an obvious interest in emulating Japan's remarkable economic growth; and even the advanced nations of North America and Europe, which once hosted Japanese missions seeking to understand their technology and management techniques, are now sending their own missions to Japan. As Japan has emerged as world leader in industrial development, teacher and pupil have switched roles.