Quote

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.

Akio Morita

Change background

T
T
T

Change font

TAGS & TOPICS

Akio Morita
Age: 78 †
Born: 1921
Born: January 26
Died: 1999
Died: October 3
Businessman
Businessperson
Engineer
Physicist
Back
Value
Namely
Make
Instead
Acquisition
Playing
Producing
Simply
Goods
Games
Actual
Values
Forth
Moving
Americans
Acquisitions
Money
Creating
Mergers

More quotes by Akio Morita

Image
My solution to the problem of unleashing creativity is always to set up a target.
Akio Morita
Image
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.
Akio Morita
Image
The public does not know what is possible. We do.
Akio Morita
Image
While the United States has been busy creating lawyers, we have been busier creating engineers.
Akio Morita
Image
More people are interested in trying to shuffle paper assets around than building lasting assets by producing real goods.
Akio Morita
Image
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
Image
You can be totally rational with a machine. But if you work with people, sometimes logic often has to take a backseat to understanding.
Akio Morita
Image
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.
Akio Morita
Image
To gain profit is important, but you must invest to build up assets that you can cash in in the future.
Akio Morita
Image
A company will get nowhere if all of the thinking is left to management.
Akio Morita
Image
Curiosity is the key to creativity.
Akio Morita
Image
I knew we needed a weapon to break through to the US market, and it had to be something different, something that nobody else was making.
Akio Morita
Image
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.
Akio Morita
Image
Advertising and promotion alone will not sustain a bad product or a product that is not right for the times.
Akio Morita
Image
All you need is the best product in the world, the most efficient production in the world and global marketing.
Akio Morita
Image
I have always made it a point to know our employees, to visit every facility of our company, and to try to meet and know every single employee.
Akio Morita
Image
There is no secret ingredient or hidden formula responsible for the success of the best Japanese companies.
Akio Morita
Image
Carefully watch how people live, get an intuitive sense as to what they might want and then go with it. Don’t do market research.
Akio Morita
Image
I believe people work for satisfaction.
Akio Morita
Image
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.
Akio Morita