Blends japanese and american management practices into a hybrid approach which calls for long-term employment, collective decision making, and individual responsibility for the outcome of decisions.

Theory Z

Explanation:

It is an approach of management that is based upon the combination or hybrid of American management philosophies and the Japanese management philosophies.

It is characterized by consensual decision making, long term employment, slow evaluation and promotion procedures,  individuals taking responsibility for the outcome of their decisions within a group context.