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Advertising and promotion alone will not sustain a bad product or a product that is not right for the times.
Akio Morita
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Akio Morita
Age: 78 †
Born: 1921
Born: January 26
Died: 1999
Died: October 3
Businessman
Businessperson
Engineer
Physicist
Right
Promotion
Sustain
Advertising
Product
Products
Alone
Times
More quotes by Akio Morita
If you go through life convinced that your way is always best, all the new ideas in the world will pass you by.
Akio Morita
But make sure you don't make the same mistake twice.
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Americans make money by playing `money games,' namely mergers, acquisitions, by simply moving money back and forth ... instead of creating and producing goods with some actual value.
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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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I believe people work for satisfaction.
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There are three creativities: creativity in technology, in product planning, and in marketing. To have any one of these without the others is self defeating in business.
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I established the rule that once we hire an employee, his school records are a matter of the past and are no longer used to evaluate his work or decide on his promotion.
Akio Morita
Amenities are not of great concern to management in Japan.
Akio Morita
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.
Akio Morita
There is no secret ingredient or hidden formula responsible for the success of the best Japanese companies.
Akio Morita
If we face recession, we should not lay off employees the company should sacrifice a profit. It's management's risk and management's responsibility. Employees are not guilty why should they suffer?
Akio Morita
A company will get nowhere if all of the thinking is left to management.
Akio Morita
Japanese people tend to be much better adjusted to the notion of work, any kind of work, as honorable.
Akio Morita
All you need is the best product in the world, the most efficient production in the world and global marketing.
Akio Morita
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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Of course we have to make a profit, but we have to make a profit over the long haul, not just the short term, and that means we must keep investing in research and development - it has run consistently about 6 percent of sales at Sony - and in service.
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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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More people are interested in trying to shuffle paper assets around than building lasting assets by producing real goods.
Akio Morita
Executives of the company must have the necessary qualities to direct the personnel by showing them the way to do things.
Akio Morita
I often say to my assistants, Never trust anybody, but what I mean is that you should never trust someone else to do a job exactly the way you would want it done.
Akio Morita