Adoptability of Japanese management practices in Sri Lankan industry

Authors

Anura De Zoysa, University of WollongongFollow
Siriyama Kanthi Herath, Pittsburg State UniversityFollow

RIS ID

25567

Publication Details

De Zoysa, A. & Herath, S. (2008). Adoptability of Japanese management practices in Sri Lankan industry. International Journal of Managerial and Financial Accounting, 1 (1), 18-28.

Abstract

The effectiveness of Japanese management practices (JMPs) is often referred to as a major reason for Japan's economic miracle. In recent years, several countries also have achieved remarkable results by adopting some JMPs in their manufacturing organisations. Through the overview of an Indian experience, this paper attempts to examine how Sri Lankan industrialists can benefit from adopting JMPs in their organisations. It is suggested that JMPs, if properly adopted, can accelerate industrial development in Sri Lanka by contributing effectively towards achieving low cost, superior quality and high productivity.