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.
AKIO MORITAThe public does not know what is possible. We do.
More Akio Morita Quotes
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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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I believe one of the reasons we went through such a remarkable growth period was that we had this atmosphere of free discussion.
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Don’t do market research.
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My solution to the problem of unleashing creativity is always to set up a target.
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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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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 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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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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People need money, but they also want to be happy in their work and proud of it.
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The public does not know what is possible. We do.
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Curiosity is the key to creativity.
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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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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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My solution to the problem of unleashing creativity is always to set up a target.
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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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There are three creativities: creativity in technology, in product planning, and in marketing.
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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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Carefully watch how people live, get an intuitive sense as to what they might want and then go with it.
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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.
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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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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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The best example of this was the Apollo project in the United States.
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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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But if you work with people, sometimes logic often has to take a backseat to understanding.
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America looks 10 minutes ahead; Japan looks 10 years.
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A company will get nowhere if all of the thinking is left to management.
AKIO MORITA