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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.
Akio Morita
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Akio Morita
Age: 78 †
Born: 1921
Born: January 26
Died: 1999
Died: October 3
Businessman
Businessperson
Engineer
Physicist
Fate
Huge
Frivolities
Share
Bonuses
Company
Frivolity
Away
Bonus
Money
Executives
Must
Throw
Workers
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While the United States has been busy creating lawyers, we have been busier creating engineers.
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A company will get nowhere if all of the thinking is left to management.
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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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Japanese attitudes toward work seem to be critically different from American attitudes.
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I believe it is a big mistake to think that money is the only way to compensate a person for his work. People need money, but they also want to be happy in their work and proud of it.
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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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We want to keep the company healthy and its employees happy, and we want to keep them on the job and productive.
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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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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?
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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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Once you have a staff of prepared, intelligent, and energetic people, the next step is to motivate them to be creative.
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Without an organisation that can work together, sometimes over a very long period, it's difficult to see new projects to fruition.
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If you go through life convinced that your way is always best, all the new ideas in the world will pass you by.
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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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More people are interested in trying to shuffle paper assets around than building lasting assets by producing real goods.
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But make sure you don't make the same mistake twice.
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There is no secret ingredient or hidden formula responsible for the success of the best Japanese companies.
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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.
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