Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header
Share for a Cause









Lesson #4: Challenge Conventions and Break the Mould

Akio Morita Quote


Article Overview: In 1989, along with the outspoken Japanese politician Ishihara Shintaro, Morita co-authored a book about Japan’s economic rise called, “The Japan That Can Say No.” In it, Morita criticized American business for what he saw as the “hollowing out” of the country’s economy. Specifically, he thought their focus on mergers and acquisitions, and relocating operations overseas, was taking away from the creation of real manufacturing power.

Free Download - Akio Morita Quotes By Akio Morita
Name: Email:

Lesson #4: Challenge Conventions and Break the Mould

In 1989, along with the outspoken Japanese politician Ishihara Shintaro, Morita co-authored a book about Japan’s economic rise called, “The Japan That Can Say No.” In it, Morita criticized American business for what he saw as the “hollowing out” of the country’s economy. Specifically, he thought their focus on mergers and acquisitions, and relocating operations overseas, was taking away from the creation of real manufacturing power.

Morita discussed the fact that the high incomes of most American CEOs actually hurt their companies versus the more egalitarian and tight knit community of Japanese companies. He also advocated the increasing assertiveness of Japan in economic affairs. At points, he did praise the openness of American markets, while criticizing his own country for its close-mindedness. However, his praise was barely heard by the American public amongst all his criticism.

“The American system of management, in my opinion,” said Morita, “relies too much on outsiders to help make business decisions, and this is because of the insecurity that American decision makers feel in their jobs, as compared with most top Japanese corporate executives.”

It was statements like that which caused a stir around the world almost as soon as the book was translated from Japanese into English. Morita was called an arrogant businessman and some even refused to do business with him again. But, Morita remained unphased. For him, speaking out against practices he was not in favour of was simply a part of his nature. After all, Morita had been defying conventions since the very day he was born.

As the eldest son in his family, Morita had always been expected to follow Japanese tradition, which dictated that he was to follow the 15 family generations before him into the sake manufacturing business. Morita never intended to do such a thing. Instead, he chose to follow his heart, and take a risk on a risky startup in the even riskier business environment that was postwar Japan.

When Morita became a father himself, Japanese tradition stated that he should have sent all three of his children to strictly Japanese schools. However, here, too, Morita refused. He wanted his children to be educated in schools that would make them the international citizens and global leaders that he knew they were capable of becoming.

It was with that maverick character that Morita approached everything in his life, including his business. When his competition told him that consumers would only want products that were of a standard size and shape, Morita made his products smaller and portable. And, when Japanese executives were expected to be quiet, uncontroversial and anonymous within their corporation, Morita spoke out.

It was Morita’s willingness to challenge convention that led Sony to become the first Japanese company to become listed on the New York Stock Exchange. Morita paved the way for Japanese companies to raise foreign capital, instead of the traditional practice of borrowing money from Japanese banks.

Today, Morita’s unconventional ideas have changed the way much of the world does business.

Related Articles
  Annual Franchise Convention
  A Simple Method For Achieving More
  Lesson #3: Draw From Your Own Personal Experiences
  Why invest in conventions?
  The Gravity of Failure

Home > Famous-Entrepreneurs > Akio Morita > Lesson 4 Challenge Conventions and Break the Mould
Article Tags: american ceos, american decision, american markets, assertiveness, business decisions, challenge conventions, corporate executives, economic affairs, economic rise, eldest son, family generations, insecurity, japanese companies, japanese politician, japanese tradition, manufacturing business, mergers and acquisitions, morita, outsiders, shintaro



Related Forum Posts
Dan Kennedy Marketing Methods Dan Kennedy Marketing Methods - We haven't sent out the physical letter yet as the person owning the list wanted to make modifications to the letter that we knew would work well but the List owner had a point - it didn't reflect her personality so her clients would know it didn't come from her. Lesson learned for me. We're back to the drawing board with the list owner more involved in the development of the letter and emails. I should have known better being a Business Analyst in my day job that you never leave the end-user out. So Evan we haven't had the opportunity to test any of it yet but it's been a fun process for me to stand back and look at.
Rockin'! Rockin'! - I think the posts on here are really stimulating with a wide range of topics that will suit most people. Personally, I can't comment on all the topics as, well, to be truthful, I don't know much about some of the things. What I have found is that the group is generative with ideas and solutions and above all - and this is vital in a forum - supportive of each other without being negative about the actions of others. Challenge is one thing, the comments you sometimes read on some forums to tear the guts out of people is unhelpful. The community here makes it a good place. Thank you.
Re: Hit or Miss: Dancejam Re: Hit or Miss: Dancejam - This is a list of some of the video sharing sites -- Web sites in this category include: * AniBOOM * AtomUploads (part of AtomFilms) * BGVIP.TV * Blinkx * Blip.tv * Break.com * Buzznet * Crackle * Dailymotion * EngageMedia * Facebook * Famecast * Flickr * GameVideos.com * Gawkk * GodTube * GoFish no more uploading. * Google Video * Hulu * iFilm * imeem * JibJab * Kewego * Liveleak * MegaVideo * Metacafe * MSN Soapbox * Myspace * MyToons * MyVideo * OneWorldTV * Ourmedia * pandora tv * Peekvid.com (closed) * Photobucket * PHPmotion * Rambler Vision * ReelTime.com * RuTube * Sapo Videos (only portuguese) * Sevenload * Stage6 (closed) * TroopTube * Tudou (Chinese) * Twango * Vbox7 * Veoh * Viddler * Vimeo * Vuze * Yahoo! Video * YouTube * Vidoosh (Iranian) Those are just some of the better known sites. Chris
Re: Looking for partners to start career consulting business Re: Looking for partners to start career consulting business - Hi Mike, 1) I'm moving this to the Looking For section 2) I think a good start would be to seek out local, potential competing or related organizations/companies in your area. Universities, job centres, head hunters, HR professionals...etc. [quote:34k2gxrf]It will target professionals who want to start working at executives or higher level positions but lack necessary experience.[/quote:34k2gxrf] And I think it'll definitely help if you align your products/services with your target customer group. i.e. How do you plan to seek out this group? -------> Find the necessary talent that can accomplish this. i.e. Providing internship --------> Training in-house? Or training outsourced? Again, seek talent that aligns with your objectives. Break down what your business operations would be like, then seek the appropriate talent to cover that area. Of course, you don't want to give up too much equity by seeking out too many partners. Usually lower number of founders the more likely the start-up will survive. Good luck
Success Strategies Success Strategies - How to get the results you want now? Success Strategies and Action Steps I have used are: The Power of Choice Where you are at this present moment, is exactly perfect from the choices you have made. If you want to be somewhere else, you have to decide clearly what that is (your goal/outcome) and create action steps to achieve this. The Power of Focus The book "The Power of Focus" by Jack Canfield, Mark Victor Hansen and Les Hewitt, is one of my treasures in my Entrepreneur Library. If you focus on what you want versus what you do not want, your conscious and sub-conscious mind will direct attention to this. The movie, What the Bleep, Down the Rabbit Hole, explains this in detail about quantum physics and what we create in our lives. The Power of Commitment This is not about commitment to others. The first step is the commitment, your word, you make to yourself. Accountability and responsibility are additional success strategies and ingredients to creating the success, defined by you, that you want. The commitment to others reflects your integrity, your word and the team you work with. Co-workers, clients, yoru family, friends and community. My Success Acronyn in Success Breakthroughs(c) is: S pecific & self-directed U nlimited opportunities & possibilities C reate powerful outcomes C onsistent measureable results E xperience pwoerful transformation S olution and action-oriented S uccessful habits and outcomes Break Through to Powerful LIfestyle & Performance Choices Moira


Recommended Article for You close

  Annual Franchise Convention

Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article


Bottom Footer
Share for a Cause












Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

3 Health Insurance Misconceptions

Attracting Passionate Employees

What If You Had a 100% Success Rate?

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.