Quote

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?

Akio Morita

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Akio Morita
Age: 78 †
Born: 1921
Born: January 26
Died: 1999
Died: October 3
Businessman
Businessperson
Engineer
Physicist
Faces
Profit
Management
Recession
Sacrifice
Recessions
Risk
Employees
Responsibility
Employee
Company
Lays
Face
Guilty
Suffering
Suffer

More quotes by Akio Morita

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My solution to the problem of unleashing creativity is always to set up a target.
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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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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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I believe people work for satisfaction.
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If you don't want Japan to buy it, don't sell it.
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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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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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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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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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Never break another man's rice bowl.
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The only sure thing is that in business there are no sure things.
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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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Advertising and promotion alone will not sustain a bad product or a product that is not right for the times.
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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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But make sure you don't make the same mistake twice.
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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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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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(Japanese Government believes that if you have a big laboratory with all the latest equipment and good funding it will automatically lead to creativity. It doesn't work that way.
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An enemy of innovation could be your own sales force.
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Curiosity is the key to creativity.
Akio Morita