Title: Adoptability of Japanese management practices in Sri Lankan industry

Authors: Anura De Zoysa, Siriyama Kanthi Herath

Addresses: School of Accounting and Finance, Faculty of Commerce, University of Wollongong, Wollongong, NSW 2522, Australia. ' Department of Accounting, College of Business, Pittsburg State University, 1701 South Broadway, Pittsburg KS 66762, USA

Abstract: The effectiveness of Japanese management practices (JMPs) is often referred to as a major reason for Japan|s economic miracle. In recent years, several countries also have achieved remarkable results by adopting some JMPs in their manufacturing organisations. Through the overview of an Indian experience, this paper attempts to examine how Sri Lankan industrialists can benefit from adopting JMPs in their organisations. It is suggested that JMPs, if properly adopted, can accelerate industrial development in Sri Lanka by contributing effectively towards achieving low cost, superior quality and high productivity.

Keywords: Japanese management practices; low cost; superior quality; high productivity; Sri Lanka; Japan; industrial development.

DOI: 10.1504/IJMFA.2008.020459

International Journal of Managerial and Financial Accounting, 2008 Vol.1 No.1, pp.18 - 28

Published online: 27 Sep 2008 *

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