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Akio Morita

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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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p. 187

 
Akio Morita

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My business experience confirmed my belief in empowering people. For example, at Bain Capital we bought Accuride, a company that made truck rims and wheels, because we saw untapped potential there. We instituted performance bonuses for the management team, which had a dramatic impact. The managers made the plants more productive, and the company started growing, adding 300 jobs while Bain was involved. My faith in people, not government, is at the foundation of my plan to strengthen America's middle class.

 
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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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Part of America's industrial problems is the aim of its corporate managers. Most American executives think they are in the business to make money, rather than products or service...The Japanese corporate credo, on the other hand, is that a company should become the world's most efficient provider of whatever product and service it offers. Once it becomes the world leader and continues to offer good products, profits follow.

 
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(About Pop Idols) Obviously, it's designed by record company executives who want a cheap success, and they don't want to give money to anybody and they don't want to give contracts, so they've created this world of very bubbly teenagers who want to be "idols" and they think all they have to do is mime quite well and they've made it. ... But it's not the problem of the kids, it's the problem of the record companies, because it's just an inexpensive way for them to have so-called, I won't say "artists", but erm...You're nodding, you know what I mean.

 
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At this moment in history, millions of 'working dads' are desiring to do what they do not feel they have the right to do: be more devoted as a dad, less devoted as a worker. This feeling is far more ubiquitous among men executives than women executives in many areas of the world because, for instance, Asia-Pacific women executives today are more than six times as likely to not have children than men executives are. The Asia-Pacific executive man is about six times as likely to be a working dad as an executive woman is to be a working mom.

 
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