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
Playing
Producing
Simply
Goods
Games
Actual
Values
Forth
Moving
Americans
Acquisitions
Money
Creating
Mergers
Back
Value
Namely
Make
Instead
Acquisition

More quotes by Akio Morita

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America looks 10 minutes ahead Japan looks 10 years.
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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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To gain profit is important, but you must invest to build up assets that you can cash in in the future.
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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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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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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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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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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.
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I believe people work for satisfaction.
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Never break another man's rice bowl.
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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.
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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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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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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.
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.
Akio Morita
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If you don't want Japan to buy it, don't sell it.
Akio Morita
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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.
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While the United States has been busy creating lawyers, we have been busier creating engineers.
Akio Morita