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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

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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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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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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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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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All you need is the best product in the world, the most efficient production in the world and global marketing.
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An enemy of innovation could be your own sales force.
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Amenities are not of great concern to management in Japan.
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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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I believe people work for satisfaction.
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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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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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A company will get nowhere if all of the thinking is left to management.
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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.
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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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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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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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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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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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Japanese attitudes toward work seem to be critically different from American attitudes.
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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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