Austerity is the main reason for Japan's decline
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This article describes how the Ministry of Finance continues to make bad decisions, leading to the long-term stagnation of the Japanese economy.
The Ministry of Finance holds the finances of other ministries and agencies, and if you say or do anything that does not conform to its wishes, you will not get your budget.
This is something that is common in the administrative departments of companies that are not doing well.
The Ministry of Finance can't see the poverty of the people, and the management departments of companies can't see the exhaustion in the field.
Mr. Ito, the former president of Honda, is said to have promoted reforms with the aim of achieving "fast, cheap, and good".
The management department set up a development schedule that left no room for error, resulting in exhaustion on the shop floor and frequent mistakes.
As a matter of human psychology, exhausted people's judgment is severely impaired.
As a result, Fit3 was recalled six times in a row and became a major problem.
Mental illness was so prevalent in the field that several people took their own lives.
In addition to the Fit3, Honda also issued an extremely large number of recalls during this period, which has since given the impression that "Honda = Recalls".
Summary of Honda recalls! An explanation of the ones that have occurred so far, by model! | CARTUNE Magazine
https://vfn73pbx65hwvu3gpcnitwtehm-adwhj77lcyoafdy-magazine-cartune-me.translate.goog/articles/2732
After all, it can be said that management that disregards "people" will destroy an organization.
It is the people who create, sell, and buy.
It is time for us to remember the "three joys" once again.
Honda Philosophy
https://global.honda/about/philosophy.html
Translated with www.DeepL.com/Translator (free version)
