In Chinese society, respect for authority tends to result in centralized decision-making and acceptance of hierachy; and respect for hierarchy tends to hinder the development of individual responsibility and initiative, which are central ingredients in Western managment practices.
Meanwhile, the reluctance to assume responsibility has been reinforced by the belief that it is risky for people to stand out... This is maybe the only aspect I have some reservation about Chinese cutlure. This way to raise children up will put on too many baggages on their shoulders and too many constraints to develop their personalities. In spite of respect the seniors and hierarchy, people still need to be responsible for their roles in their family and society.