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

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

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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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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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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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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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Advertising and promotion alone will not sustain a bad product or a product that is not right for the times.
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Our plan is to lead the public with new products rather than ask them what kind of products they want.
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If you don't want Japan to buy it, don't sell it.
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The important thing in my view is not to pin the blame for a mistake on somebody, but rather to find out what caused the mistake.
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A company will get nowhere if all of the thinking is left to management.
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While the United States has been busy creating lawyers, we have been busier creating engineers.
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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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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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But make sure you don't make the same mistake twice.
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Never break another man's rice bowl.
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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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Japanese attitudes toward work seem to be critically different from American attitudes.
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I believe people work for satisfaction.
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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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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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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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