THE ROLE OF “RINGI” APPROACH TO GAIN CONSENSUS IN STRATEGIC DECISION-MAKING PROCESS: AN OVERVIEW

Year 2023, Volume: 5 Issue: 2, 134 - 148, 29.10.2023

Can Biçer

Abstract

The objective of this conceptual research study is to provide a framework on the importance of Japanese Ringi system on building consensus in strategic decision-making process. The effects of post COVID-19 period, and vast technological developments have been dramatically changing the today’s business world recently. Due to continuous promises of new scientific breakthroughs and their reflections on business models, organizations must rethink, reshape, and reinvent themselves in order to keep up with the latest transformations taking place in the business world. Thus, these dynamics are forcing leaders to rethink about the importance of strategic decision-making in daily organizational operations. Because it’s obvious that strategic decision-making is a crucial tool to enhance business growth and key to raise awareness of external threats while preventing from global risks and unforeseen events in business world. In sum, in this study strategic-decision making process is outlined within the concept of the Japanese management system “Ringi”, and recommendations will be made in terms of building consensus in strategic decision- making process.

Keywords

Consensus, Strategic Decision-Making Process, The Ringi System

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