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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
Risk
Employees
Responsibility
Employee
Company
Lays
Face
Guilty
Suffering
Suffer
Faces
Profit
Management
Recession
Sacrifice
Recessions

More quotes by Akio Morita

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While the United States has been busy creating lawyers, we have been busier creating engineers.
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An enemy of innovation could be your own sales force.
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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.
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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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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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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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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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More people are interested in trying to shuffle paper assets around than building lasting assets by producing real goods.
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We all learn by imitating, as children, as students, as novices in the world of business. And then we grow up and learn to blend our innate abilities with the rules or principles we have learned.
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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 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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I established the rule that once we hire an employee, his school records are a matter of the past and are no longer used to evaluate his work or decide on his promotion.
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Never break another man's rice bowl.
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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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I believe people work for satisfaction.
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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.
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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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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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