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Author:King, G. R.
Title:Back to accountability
Journal:Management Decision
1992 : VOL. 30:3, p. 9-11
Index terms:ACCOUNTABILITY
MANAGEMENT
JAPAN
USA
COMPETITION
PROFIT
Language:eng
Abstract:It is suggested that many American managers are not accountable either to a company's theoretical owners, the shareholders, or to a firm's employees. Comparing USA managers with their Japanese counterparts becomes evident that American concern for short-term profit has resulted in inability to compete with foreign competitors, whilst Japanese companies are more prepared to invest strategically. Similarly, USA managers, with their individual-oriented society, see themselves as an elite, whilst Japanese managers are much more egalitarian and concerned with the welfare of the group. It is shown how accountability differs from responsibility. Three steps towards increasing accountability are suggested.
SCIMA record nr: 107609
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