(Ricoh GX200)First, it was Panasonic. Then Sony. Now Olympus is also faced with revenue losses because of, worse still, an investment scandal. Some people in the know bravely prophesise that Japan and the Japanese companies will probably never return from the road of decline. The reason is that Japan is ruled by some old people who are too entrenched in interests overlapping one another's sphere to bring about any meaning change. The grey-hair management of the Japanese companies, the author was told, is still indulging in the lost glory and the once inventive ideas of the old days. On the other hand, the younger generations are too compliant to follow the Americans’ way of ousting cobblers, especially those at the company's helm.
In comparison, the Americans are more adaptable and will not hesitate to change course as the situation dictates. By Americans, it was pointed out that they refer to not the "white" Americans but those of Indian, Israeli and Chinese origins. They are the cream of the society, excelling in areas from finance, software to bomb technology.
When the American Captain takes off the mask, can the face behind be an oriental one?
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