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To gain profit is important, but you must invest to build up assets that you can cash in in the future.

Akio Morita

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Akio Morita
Age: 78 †
Born: 1921
Born: January 26
Died: 1999
Died: October 3
Businessman
Businessperson
Engineer
Physicist
Future
Must
Invest
Important
Assets
Cash
Gain
Profit
Gains
Build

More quotes by Akio Morita

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My chief job is to constantly stir or rekindle the curiosity of people that gets driven out by bureaucracy and formal schooling systems.
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My solution to the problem of unleashing creativity is always to set up a target. The best example of this was the Apollo project in the United States.
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The company must not throw money away on huge bonuses for executives or other frivolities but must share its fate with the workers.
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You can be totally rational with a machine. But if you work with people, sometimes logic often has to take a backseat to understanding.
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(Japanese Government believes that if you have a big laboratory with all the latest equipment and good funding it will automatically lead to creativity. It doesn't work that way.
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If we do our best and make efforts, a peaceful and great future will become ours without fail. Whether we succeed or not depends on the strength of our resolve and the amount of our endeavor.
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We want everybody to have the best facilities in which to work, but we do not believe in posh and impressive private offices.
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When I find an employee who turns out to be wrong for the job, I feel it is my fault because I made the decision to hire him.
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A company will get nowhere if all of the thinking is left to management.
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Japanese people tend to be much better adjusted to the notion of work, any kind of work, as honorable.
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The most important mission for a Japanese manager is to develop a healthy relationship with his employees, to create a familylike feeling within the corporation, a feeling that employees and managers share the same fate.
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An enemy of innovation could be your own sales force.
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In the United States businessmen often do not trust their colleagues. If you trust your colleague today, he may be your competitor tomorrow, because people frequently move from one company to another.
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Management of an industrial company must be giving targets to the engineers constantly that may be the most important job management has in dealing with its engineers.
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In the long run, no matter how good or successful you are or how clever or crafty, your business and its future are in the hands of the people you hire.
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The only sure thing is that in business there are no sure things.
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More people are interested in trying to shuffle paper assets around than building lasting assets by producing real goods.
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We all learn by imitating, as children, as students, as novices in the world of business. And then we grow up and learn to blend our innate abilities with the rules or principles we have learned.
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But make sure you don't make the same mistake twice.
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We treat employees as a member of the family. If management take the risk of hiring them, we have to take the responsibility for them.
Akio Morita