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What happened to Japan's electronic giants? 
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Legend

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http://www.bbc.co.uk/news/world-asia-21992700

I'd no idea Sony sold insurance :shock: :lol:

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Tue Apr 02, 2013 11:18 am
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Me neither. That's something for the "something I learned today" thread...

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Sony makes far more money today out of selling life insurance than it does out of making electronics

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Tue Apr 02, 2013 11:32 am
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Legend

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JJW009 wrote:
Me neither. That's something for the "something I learned today" thread...

Quote:
Sony makes far more money today out of selling life insurance than it does out of making electronics


'See all our FAILboats? What if that happened to YOU...'

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Tue Apr 02, 2013 11:45 am
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What's a life?
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They are all what the Japanese call Zaibatsus I think - big corporations that exist in all sorts of sectors. Japanese business culturally doesn't seem to go for specialisation the way western corporations do.


Tue Apr 02, 2013 1:08 pm
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Legend
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jonbwfc wrote:
They are all what the Japanese call Zaibatsus I think - big corporations that exist in all sorts of sectors. Japanese business culturally doesn't seem to go for specialisation the way western corporations do.

I think that the term you are looking for is Keiretsu.. I think that one of the biggest problems that they have is the companies are top down structures and no one gets promoted for espousing an alternative answer. It is considered disrespectful. So if you have an idiot at the top then they all agree with the idiot. Any independent thought is discouraged.

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Tue Apr 02, 2013 3:18 pm
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Amnesia10 wrote:
So if you have an idiot at the top then they all agree with the idiot. Any independent thought is discouraged.

Wait, our government is a copy of a Japanese corporation?


Tue Apr 02, 2013 3:49 pm
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jonbwfc wrote:
Amnesia10 wrote:
So if you have an idiot at the top then they all agree with the idiot. Any independent thought is discouraged.

Wait, our government is a copy of a Japanese corporation?

Not quite there are loads within the Tory party that want the boss out. If that were a Japanese corporation they would be silent, out of honour. Though if you consider the policy failures then yes they are just as inept.

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Tue Apr 02, 2013 4:20 pm
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