Keiretsu: Not a Sushi Roll, but Still Delicious for Your Business
Marketing Moment: Keiretsu (pronounced kā-rĕt′soo͞ ) By Desiree Grace Healthy eating. Cleanliness. Politeness. Respect for elders. These are traits we often associate with Japanese culture, and they’re worth admiring. But Japan’s business culture offers equally powerful lessons. After World War II, Japan partnered with the United States to rebuild its economy. (If only that level of civility and collaboration were common practice today. Imagine the progress we could make if adversaries worked together for the greater good.) From that partnership came LEAN manufacturing, Zero Work in Process, and other best practices still shaping global industry eight decades later. One of the most compelling concepts from this era is Keiretsu . What is Keiretsu? Loosely translated, Keiretsu refers to a deeply connected, intentionally cultivated business partnership, one that transcends a standard vendor-customer relationship, and certainly not anything underhanded. Instead, it is an eleva...