of 16
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Management of India and JAPAN
Rai Anod Kumar
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Japan History
Nara prd(710-794):Emergenceof strongJapanesestate.
Kamakura prd(1185-1333) :Transistion toJapaneseMedieval era.
Azuchi-momoyam
prd (1568-1600)
Military
reunification &single politicalruler
Edo prd:
(1603-1868 )
:Pre modern
Era, Artistic
development
Meiji Prd
(1868-1912)
Started
modernizatio
n and
become
world powerstatus
Taisho prd
(1912-1926)
Time of
liberal
movement
Showa
period
(1926-1989)
:Period of
Enlightenedpeace
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Indian History
1st centuryto 11thcentury, witha 32.9% .
600: GDP of
MughalIndia in1600 wasestimated atabout 22.6% theworld economy.
1700: Mughal
EmperorAurangzeb's
exchequer
exceeded 100million
British Rule:
India's share
of the world
income went
to 3.8% in
1952.
1900 - 1925:
Rise of Indian
business
conglomerate
s like Tata
and Godrej.
1990:
Economic
liberalizatio
n
Since
1990 India
has
emerged
as one of
the
fastest-growing
economie
s
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Economic history of India and Japan
Particulars Japan INDIA
GDP (PPP) Ranking 3rd 4th
GDP per capita -real GDP(2008):
$38,599 $1016
GDP by sector Agriculture: (1.6%)
industry: (25.3%) services:
(73.1%) (2006 est.)
Agriculture: 17.2%,
industry: 29.1%, services:
53.7% (2008 est.)
Labor force 66.44 million (2006 est.) 523.5 million (2008 est.)
Main industries Motor vehicles, industrial
and transportation
equipment, electronics,
chemicals, steel, machine
tools, processed foods,
nonferrous metals
Textiles, chemicals, food
processing, steel,
transportation equipment,
cement, mining,
petroleum, machinery,
software
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Economy Japan and India
0
5
10
15
20
25
30
GDP (PPP) (trillion) GDP growth Inflation Population below
poverty line
Unemployment
Japan
India
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Japanese Societal Culture
JSCCollectiveMentality
LifetimeEmployment
Seniority
asesystem
Enterprisease union
Ringi
SystemNemawashi
Ringi Seido
Ringi Sho
Wa :Harmony
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Understanding Japanese Management
Commitment to sufficient time to manage.Diligence in implementation of plan.
Discipline and order in work .
Sufficient time to implement concepts and system.
Development of integrated Organizational philosophy
Long RunPlanning
Commitmentto lifetime
Employment
CollectiveResponsibility
Growth of implicit control system
Articulation of company philosophyInvestment in employee training and development
Socializing process in hiring and integration
Reduced turnover and high loyalty
Non specialized career path
Development of internal labor market.
Emphasis on Ss : Staff, Skills, Style
Emphasis on team work and cooperation
Consensus decision making
Participative management
Trust and Interdependence
Quality Circles
Underlying Factors Management Practices
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Indian Societal Culture
ISCMaterialistic
Spirituality
Genderdistinctions
Familybusiness
Hierarchicalsystem Individualism
and collectivismAttitude
StatusConscious
Lack ofentrepreneurs
hip activity
Corruption
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Understanding Indian Culture
Indianculture
value growthopportunitie
s
oretolerant
Lea er Followersyste
Superior-Subor inateRelationship
NeverSay No
Flexible
Relationshipinfluence
Low costcha pions
long-terrelationship
s
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Company Analysis
Seven-Eleven JapanPantaloon India
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Economic History of 7-Eleven 1927:John Jefferson Green and Joe C. Thompson establish Southland Ice Company and the first known convenience store.
1928:Southland stores begin operating as 'Tote'm Stores.'
1933:Following the repeal of Prohibition, ice and beer sales surge.
1946:The stores are rebranded '7-Eleven' to emphasize their long operations hours--7 a.m. to 11 p.m.
1961:The Southland Corporation is incorporated;
1963:Company begins franchising.
1965:The Slurpee makes its debut in 7-Eleven stores, which now number 1,159.
1969:Company expands to the East Coast and into Canada; store count reaches 3,537.
1971:Sales reach $1 billion. 1973:Area license for Japan is granted to Ito-Yokado Co., Ltd.
1974:The 5,000th 7-Eleven opens at site of the company's original ice dock.
1983:Citgo Petroleum Corporation is acquired for $780 million.
1986:Company sells 50 percent interest in Citgo to the Venezuelan state-owned oil company.
1987:The Thompson brothers complete an LBO of Southland.
1988:Company completes series of divestitures to streamline operations and reduce debt.
1990:After defaulting on $1.8 billion in publicly traded debt, Southland files for bankruptcy.
1991:Company emerges from bankruptcy with debt restructured and with IYG Holding Company of Japan owning 70 percentof its common stock.
1992:To focus on core 7-Eleven business, company exits from the distribution and food processing businesses.
1996:Most extensive store remodeling program in company history is completed.
1999:Company changes its name to 7-Eleven, Inc.
2000: 20,000th store opens (Tokyo)
2002: 7-Eleven achieves $10,000,000,000 in revenue
2008: Wine Enthusiastmagazine award 7-Eleven stores proprietary Sonoma Crest line of wines a Best Buy rating.
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Economic History of Pantaloon 1987 : Company incorporated as Mans Wear Private Limited. Launch of Pantaloons trouser,
Indias first formal trouser brand.
1991 : Launch of BARE, the Indian jeans brand.
1992: Initial public offer (IPO) was made in the month of May.
1994 : The Pantaloon Shoppe exclusive menswear store in franchisee format launched acrossthe nation. The company starts the distribution of branded garments through multi-
brand retail outlets across the nation.
1995: John Miller Formal shirt brand launched.
1997: Company enters modern retail with the launch of the first 8000 square feet store,Pantaloons in Kolkata.
2001: Three Big Bazaar stores launched within a span of 22 days in Kolkata, Bangalore andHyderabad.
2002: Food Bazaar, the supermarket chain is launched.
2004: Central - Indias first seamless mall is launched in Bangalore.
2005: Group moves beyond retail, acquires stakes in Galaxy Entertainment, Indus League
Clothing and Planet Retail. 2006: Forms joint ventures with US office stationery retailer, Staples.
2007: Future Group crosses $1 billion turnover mark.
2008: Future Capital Holdings becomes the second group company to make a successfulInitial Public Offering in the Indian capital markets.
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Corporate Culture of 7-Eleven
Three Cs.
Capacity: What you can do to lead.
Commitment: What you wantto do to lead.
Character: What you willdo to lead.
I CARE
I Integrity
C Customer Focus
A Accountability
I CARE
R Recognition E Excellent Execution
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Corporate Culture of Pantaloon
Indianness: confidence in ourselves.
Leadership: to be a leader, both in thought and business.
