I believe it is a big mistake to think that money is the only way to compensate a person for his work.
AKIO MORITAAmerica looks 10 minutes ahead; Japan looks 10 years.
More Akio Morita Quotes
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America looks 10 minutes ahead; Japan looks 10 years.
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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.
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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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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.
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Carefully watch how people live, get an intuitive sense as to what they might want and then go with it.
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Japanese people tend to be much better adjusted to the notion of work, any kind of work, as honorable.
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People need money, but they also want to be happy in their work and proud of it.
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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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The only sure thing is that in business there are no sure things.
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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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But make sure you don’t make the same mistake twice.
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From a management standpoint, it is very important to know how to unleash people’s inborn creativity.
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We want everybody to have the best facilities in which to work, but we do not believe in posh and impressive private offices.
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In the long run, no matter how good or successful you are or how clever or crafty.
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And then we grow up and learn to blend our innate abilities with the rules or principles we have learned.
AKIO MORITA