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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
Money
Executives
Must
Throw
Workers
Fate
Huge
Frivolities
Share
Bonuses
Company
Frivolity
Away
Bonus

More quotes by Akio Morita

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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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All you need is the best product in the world, the most efficient production in the world and global marketing.
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America looks 10 minutes ahead Japan looks 10 years.
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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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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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The remarkable thing about management is that a manager can go on for years making mistakes that nobody is aware of, which means that management can be a kind of a con job.
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Executives of the company must have the necessary qualities to direct the personnel by showing them the way to do things.
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We will try to create conditions where persons could come together in a spirit of teamwork, and exercise to their heart's desire their technological capacity.
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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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Amenities are not of great concern to management in Japan.
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The patron saint of Japanese quality control, ironically, is an American named W. Edwards Deming, who was virtually unknown in his own country until his ideas of quality control began to make such a big impact on Japanese companies.
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But make sure you don't make the same mistake twice.
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Curiosity is the key to creativity.
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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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We don't believe in market research for a new product unknown to the public. So we never do any.
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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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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.
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I believe one of the reasons we went through such a remarkable growth period was that we had this atmosphere of free discussion.
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A company will get nowhere if all of the thinking is left to management.
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I consider it my job to nurture the creativity of the people I work with because at Sony we know that a terrific idea is more likely to happen in an open, free and trusting atmosphere than when everything is calculated, every action analysed and every responsibility assigned by an organisation chart.
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