81–90 of 111 posts
You get paid a dividend as your risk premium, and you're free to express your apprehensions by shorting the stock if you don't buy into the CEO's strategy, or simply selling it and buying something else. What gives you the right to demand any particular level of return on a stock?
> From Kyocera’s headquarters overlooking the hills and temples of the ancient capital of Kyoto... Ah yes, that old trope. This is what people think Kyoto looks like: http://i.telegraph.co.uk/multimedia/archive/02657/kyoto_2657... But it's a city of 1.5m, and this is what it actually looks like: http://nward.com/myworld/places/japan/214.jpg
I imagine Kyoto has some kinda large park like Tokyo has in Harujuku or like NYC has Central Park? I can only imagine that's what they refer to.
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Next you'll be claiming to be the Queen of England and expecting us to accept that at face value as well. Citations please.
Also interested in citations. I am sure this article glorifies the ceo (it's bloomberg), but saying they are slave keepers sort of justifies a bit of substantiation. edit: ddellacosta posted some Japanese links for our international audience. Also, to be clear it isn't that farfetched of a claim, but certainly contradicts the article.
Please note that I'm not claiming any specific knowledge of specific conditions, only of their reputation in general The examples offered were simply examples of what makes a "black company." You're always free to quit, it's just that Japanese society will punish you for that.
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To be fair, a lot can change in a decade, which seems to be what most results are centered around (a whistle blower from 1999 who wrote a book). But it isn't exactly ranked high by employees [0]. Also may want to explain what ブラック企業 means. I can take an educated guess but I'm not 100% certain I'm right. [0] https://translate.google.com/translate?hl=en&sl=ja&u=http://...
A "black company" is one which abuses employees in such a manner as to shock the conscience of a Japanese salaryman. Normal company: Work Monday to Saturday, Sunday off. Black company: two Sundays a month off... but you have to work on them anyhow Normal company: 70 hour workweek involving 20+ hours of paid overtime. Black company: the overtime is uncompensated ("service" overtime)/ Normal company: underperforming em…
Is this a stereotype fuelled by the black companies, or is it largely accurate?
> split staff into often tiny units that make their own plans The problem is this just doesn't work in some countries. It is as much about Japanese society and culture than the CEO that even makes this possible to begin with.
Can you elaborate? What social and/or cultural aspects do you see as roadblocks? And in which countries?
Here's a nice quote from Akio Morita (Sony co-founder):
"In my view, profit doesn’t have to be so high, because in Japanese companies our shareholders do not clamor for immediate returns; rather they prefer long-term growth and appreciation. Of course we have to make a profit, but we have to make a profit over the long haul, not just the short term, and that means we must keep investing in research and development."
Can't say the same thing for USA.
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> In a 2004 book on his philosophy, he questioned Japanese people’s increasing tendency to value leisure time. That makes one of us.
To further expand on this: > When Inamori talks about making employees happy, he doesn’t mean they’ll be putting their feet up. His brand of happiness comes from working harder than anyone else. It’s infused with the Buddhist idea of “shojin,” elevating the soul through devotion to a task. That's nice and all, but not if it comes at the expense of employee leisure time or pay.
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> Never heard of Kyocera being anywhere nesr tge top of Best Places to Work surveys adressing employees satisfaction. Have you never worked in a company that's on those lists? It's highly encouraged (wink, wink) that you help them out with high marks.
I did. For about three months. The place was a nightmare. And, yes, not only were you encouraged to give them high marks, they actually built a front-end to the survey system used to track who had and had not submitted a response and setup HR conversations with anyone that gave them less than a top score. I actively avoid companies on those kinds of lists.
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A "black company" is one which abuses employees in such a manner as to shock the conscience of a Japanese salaryman. Normal company: Work Monday to Saturday, Sunday off. Black company: two Sundays a month off... but you have to work on them anyhow Normal company: 70 hour workweek involving 20+ hours of paid overtime. Black company: the overtime is uncompensated ("service" overtime)/ Normal company: underperforming em…
My outside impression of Japan and Taiwan is that they're horrific places for corporate work across the board. Is this a stereotype fuelled by the black companies, or is it largely accurate?
Living in Japan is wonderful. A++ would totally immigrate again. A substantial portion of my present happiness is having created a job which means that I am 99.8% insulated from Japanese megacorps.
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"Regarding the cutting of 16,000 jobs, yeah, not grand" Ya see, Buddhism is all about losing the non-essential. Everything is an illusion, everything is impermanent. Especially your job security. Upon receiving their pink slips, many were enlightened.
Without commenting on the content of this comment, the framing of that last sentence reminded me of hacker koans: https://en.wikipedia.org/wiki/Hacker_koan See also git koans: http://stevelosh.com/blog/2013/04/git-koans/ Discussed here: https://news.ycombinator.com/item?id=5511863
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Im really doubtful whether employees are actually happy working there. Never heard of Kyocera being anywhere nesr tge top of Best Places to Work surveys adressing employees satisfaction. This sounds like a big PR piece with no fact to support any claim.
> Never heard of Kyocera being anywhere nesr tge top of Best Places to Work surveys adressing employees satisfaction. Have you never worked in a company that's on those lists? It's highly encouraged (wink, wink) that you help them out with high marks.
Yes, twice. And I can clearly see why they stood out. (Never participated myself in such surveys).
True, does not mean your job is awesome, but it means that you are usually not treated like shit as an employee.