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.
AKIO MORITAThe best example of this was the Apollo project in the United States.
More Akio Morita Quotes
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You can be totally rational with a machine.
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We all learn by imitating, as children, as students, as novices in the world of business.
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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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It’s difficult to see new projects to fruition.
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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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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.
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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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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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To have any one of these without the others is self defeating in business.
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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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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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We don’t believe in market research for a new product unknown to the public. So we never do any.
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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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And then we grow up and learn to blend our innate abilities with the rules or principles we have learned.
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