※Translated with Notion AI. (Plus version)
Whether it is appropriate to call it a “culture” is unclear, but a large bank that abolishes the so-called “seniority system”, which is said to be Japanese corporate culture, has appeared.
It is commendable that Japanese companies (especially banks) that finally abolish the seniority system have emerged in Japan.
On the other hand, even among the managers of the BRICS countries, which are notable for their economic growth, including G7, there are hardly any people who can find value in Japan’s “seniority system”.
I have been running a foreign-affiliated specialist headhunting company and have been listening to the frustrations of Japanese people who want to change jobs from Japanese companies through interviews for more than 20 years.
Being half-American, I’ve been looking at the US with my right eye and Japan with my left.
Whether this reform will turn out to be what the “young people who will be responsible for tomorrow” want is nothing but a question.
Let me tell you in advance that I do not completely deny the “seniority system”.
For small and medium-sized, small and local companies, it is a “convenient system”.
On the other hand, it is the reality of Japan that even if companies representing Japan start reforms, it is hard to believe that the reform will spread rapidly throughout Japan.
To that extent, the “seniority system” is ingrained in Japanese corporate culture.
Personnel system reform is a problem that troubles any manager.
The “courage” that the managers of Sumitomo Mitsui Banking Corporation decided can be evaluated as a “touchstone”.
However, realistically, the “mountain” of completely abolishing the seniority system is also a high challenge for Japanese managers.
“Don’t hesitate, bold reform”
That’s what investors want.
In reality, not much has been disclosed about the content that was actually announced.
However, as a professional in the human resources market, I can make a considerable analysis and prediction.
I would like to present my thoughts.
Especially, I want students to read it.
Needless to say, managers may not want to think, but I want them to read a little. That’s the way the world is going to be from now on.
【Abolition of seniority system】
