The Application of the Bushido – Samurai Code Principles within Romanian Companies

Holding a managerial position within a company in 2019 is a challenging task and within this period the business climate is a dynamic one. When conceiving rightful strategies, managers should take into account every detail regarding the fast-changing Romanian business environment. Bushido is one of...

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Main Authors: Nobumichi Watahik, Yoshikazu Matsui, Violeta Mihaela Dincă, Iulia Waniek
Format: Article
Language:English
Published: Academy of Economic Studies of Bucharest 2020-02-01
Series:Amfiteatru Economic
Subjects:
Online Access:https://www.amfiteatrueconomic.ro/temp/Article_2883.pdf
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spelling doaj-07917f3a05a3413ba31cfbb09f1a1f822020-11-25T02:25:47ZengAcademy of Economic Studies of BucharestAmfiteatru Economic1582-91462247-91042020-02-01225315216310.24818/EA/2019/53/152The Application of the Bushido – Samurai Code Principles within Romanian CompaniesNobumichi Watahik0Yoshikazu Matsui1 Violeta Mihaela Dincă 2Iulia Waniek3Nagaoka University of Technology, Japan Osaka International University, Japan Bucharest University of Economic Studies, RomaniaDimitrie Cantemir Christian University of Bucharest, Romania Holding a managerial position within a company in 2019 is a challenging task and within this period the business climate is a dynamic one. When conceiving rightful strategies, managers should take into account every detail regarding the fast-changing Romanian business environment. Bushido is one of the oldest moral systems in Japan and refers to a code of honour and standards that commanded the samurai way of life and these principles advanced by Bushido are still worthy in several corporate systems. Several studies showed how using the attributes of ‘Bushido’ can lead managers to become more effective and prosperous in their business and can help them establish and maintain a credible image within the industry. For this study, interviews were taken in order to obtain the views of the representatives of 37 corporations in Romania and the objectives of the study were to: (1) To assess which canons of Bushido are being implemented by managers within the Romanian contemporary businesses and are applicable to business context analysis, strategic enforcement & control and development of business partnerships and collaborations, (2) To determine if and how the extent of incorporating Bushido’s principles within the management strategies and operations of companies has an effect on the company’s success’ factors. The achieved results of this study can be mentioned as follows. 1. The Bushido code is being integrated within the Romanian contemporary organizations’ management and business relationships with other firms. The paper revealed that for almost all the managers included in the sample there were recorded notable interrelationships between the Bushido principles and the managers’ goals in the sense that if they apply the Bushido principles on a higher and more developed level, it will be less difficult for them to attain their strategic objectives. 2. The most significant factors leading to business success achievement obtained due to the application the Bushido principles within the business processes of the companies were indicated as: the growth of the company’s and manager’s image and professional reputation; prestige and good attitude from the stakeholders; a boost within the research and development process and the raise of the quality of business relationshipshttps://www.amfiteatrueconomic.ro/temp/Article_2883.pdfbushidosamurai codestrategic managementromanian companies
collection DOAJ
language English
format Article
sources DOAJ
author Nobumichi Watahik
Yoshikazu Matsui
Violeta Mihaela Dincă
Iulia Waniek
spellingShingle Nobumichi Watahik
Yoshikazu Matsui
Violeta Mihaela Dincă
Iulia Waniek
The Application of the Bushido – Samurai Code Principles within Romanian Companies
Amfiteatru Economic
bushido
samurai code
strategic management
romanian companies
author_facet Nobumichi Watahik
Yoshikazu Matsui
Violeta Mihaela Dincă
Iulia Waniek
author_sort Nobumichi Watahik
title The Application of the Bushido – Samurai Code Principles within Romanian Companies
title_short The Application of the Bushido – Samurai Code Principles within Romanian Companies
title_full The Application of the Bushido – Samurai Code Principles within Romanian Companies
title_fullStr The Application of the Bushido – Samurai Code Principles within Romanian Companies
title_full_unstemmed The Application of the Bushido – Samurai Code Principles within Romanian Companies
title_sort application of the bushido – samurai code principles within romanian companies
publisher Academy of Economic Studies of Bucharest
series Amfiteatru Economic
issn 1582-9146
2247-9104
publishDate 2020-02-01
description Holding a managerial position within a company in 2019 is a challenging task and within this period the business climate is a dynamic one. When conceiving rightful strategies, managers should take into account every detail regarding the fast-changing Romanian business environment. Bushido is one of the oldest moral systems in Japan and refers to a code of honour and standards that commanded the samurai way of life and these principles advanced by Bushido are still worthy in several corporate systems. Several studies showed how using the attributes of ‘Bushido’ can lead managers to become more effective and prosperous in their business and can help them establish and maintain a credible image within the industry. For this study, interviews were taken in order to obtain the views of the representatives of 37 corporations in Romania and the objectives of the study were to: (1) To assess which canons of Bushido are being implemented by managers within the Romanian contemporary businesses and are applicable to business context analysis, strategic enforcement & control and development of business partnerships and collaborations, (2) To determine if and how the extent of incorporating Bushido’s principles within the management strategies and operations of companies has an effect on the company’s success’ factors. The achieved results of this study can be mentioned as follows. 1. The Bushido code is being integrated within the Romanian contemporary organizations’ management and business relationships with other firms. The paper revealed that for almost all the managers included in the sample there were recorded notable interrelationships between the Bushido principles and the managers’ goals in the sense that if they apply the Bushido principles on a higher and more developed level, it will be less difficult for them to attain their strategic objectives. 2. The most significant factors leading to business success achievement obtained due to the application the Bushido principles within the business processes of the companies were indicated as: the growth of the company’s and manager’s image and professional reputation; prestige and good attitude from the stakeholders; a boost within the research and development process and the raise of the quality of business relationships
topic bushido
samurai code
strategic management
romanian companies
url https://www.amfiteatrueconomic.ro/temp/Article_2883.pdf
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