Uncompromising Leadership in Tough Times — HBS Working Knowledge

Uncompromising Leadership in Tough Times — HBS Working Knowledge: "A profit sharing compensation policy increases the capability of a HCHP company to retain its employees in a time of crisis. Because 25 percent of employee pay in Japanese companies is based on company profits, a crisis in performance automatically reduces their cost structure and allows them to avoid layoffs. The global economic crisis of 2008, the worst since the Great Depression, may make such policies more attractive to employees as job security becomes more salient for a generation of workers, just as it did after the Great Depression."

Creativity.