1. Team Happy Hour

2. Background Population of 127.4 million Life expectancy of 81 years Population rapidly aging due to postwar baby boom Population decreasing, estimated by year 2100 down to 64 million. Very low resources due to mountains/volcanos, lots of importing

3. Culture

4. Education 3 million students enrolled in universities 99% literacy rate 2 nd largest higher education system Students in school 6 weeks longer than American counterparts

5. “Freeters” Growing segment of NEET (Not in Education, Employment, or Training). 2 million and rising

6. Hofestede’s Report DimensionWord Wide Range Japan’s RatingUSA Rating Individualism6-914688 Power Distance11-1045437 Masculinity5-959559 Uncertainty Avoidance 8-1129241 Long Term Orientation 16-1188024

7. Hierarchy  上下関係  Complex web of in-group/out-group relations  Age, position, gender, education  Mizuno Sports, a case study

8. Women  負け犬  Typical life cycle  Graduation -- 18~22  Marriage -- 25~29  Children -- 30~39  Work -- 45  Care giver -- 45+

9. Women & J Business  Only account for roughly 9% of managers  Foreign firm relations

10. Racial Issues  以心伝心  Occidental meets Oriental  For the good of the individual or company?  Lehman Brothers, a case study

11. Quotable Quotables “[The] VP's boss is white. He told me how he highly disliked the white people in the company for being ‘self-centered and self-promoting.’” -- Ben Sugawara (McCann intern)

12. Summary Japan excellent economy Educated workforce Collectivism view