...the remarkable thing about management is that a manager … - Akio Morita

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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.

Akio Morita

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About Akio Morita

Akio Morita (January 26, 1921 – October 3, 1999 in Nagoya, Aichi) was a Japanese businessman and co-founder of .

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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.

'There is a major difference between you and me,' I told him. 'Yes, I am rich. But you are wealthy. And that is why you can buy such (expensive jewelry (for your wife and why I cannot.'

To gain profit is important, but you must invest to build up assets that you can cash in in the future.

...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 c… - Akio Morita

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