#45 Olympus Way: Is Western Style Employment System Really Cold Blooded?

Update: 2021-04-19

Description

https://www.itmedia.co.jp/business/articles/2104/16/news009.html The traditional way that majority of Japanese companies hire employees is a membership based system where employees are allocated to jobs accordingly and almost guaranteed lifetime employment called 終身雇用. However, more companies are rethinking and showing the interest of giving it up after realizing the demand for system changes due to COVID-19. A job-based system is very common among western companies but has been strongly opposed in Japan as it was considered a cold blooded system. Now a global medical technology company Olympus has taken up the steps to reforming its system and introducing this western style value. Let’s see if the interview with Olympus’s Head of Human Resources can unbox Japan.

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