The Buddhist Priest Who Became a Billionaire Snubbing Investors
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Re: The Buddhist Priest Who Became a Billionaire Snubbing Investors
#2> split staff into often tiny units that make their own plans
The problem is this just doesn't work in some countries. It is as much about Japanese society and culture than the CEO that even makes this possible to begin with.
Re: The Buddhist Priest Who Became a Billionaire Snubbing Investors
#3Say what you will, but
>After taking the CEO role without pay, he printed a small book for each staff member on his philosophies, which declared that the company was devoted to their growth.
>"Company leaders should seek to make all their employees happy, both materially and intellectually," Inamori said.
I'd take a pay cut to work at a place like that. Enjoying your work, feeling like you will be taken care of, and being able to grow and develop are huge "benefits" that aren't easy to find in many jobs.
ETA: Regarding the cutting of 16,000 jobs, yeah, not grand. But the article isn't clear on why, and if anything it's implied they were efficiency cuts. Man does it suck to lose your job, but 33% is better than 100% and companies really shouldn't have that much bloat.
Re: The Buddhist Priest Who Became a Billionaire Snubbing Investors
#4> split staff into often tiny units that make their own plans The problem is this just doesn't work in some countries. It is as much about Japanese society and culture than the CEO that even makes this possible to begin with.
Can you elaborate? What social and/or cultural aspects do you see as roadblocks? And in which countries?
Re: The Buddhist Priest Who Became a Billionaire Snubbing Investors
#5This seems like a pretty clear false dichotomy. The best companies tend to be great for both employees and shareholders.
Re: The Buddhist Priest Who Became a Billionaire Snubbing Investors
#6“If you want eggs, take care of the hen,” Inamori said in an interview on Oct. 23. “If you bully or kill the hen, it’s not going to work.”
Re: The Buddhist Priest Who Became a Billionaire Snubbing Investors
#7Say what you will, but >After taking the CEO role without pay, he printed a small book for each staff member on his philosophies, which declared that the company was devoted to their growth. >"Company leaders should seek to make all their employees happy, both materially and intellectually," Inamori said. I'd take a pay cut to work at a place like that. Enjoying your work, feeling like you will be taken care of, and…
> In a 2004 book on his philosophy, he questioned Japanese people’s increasing tendency to value leisure time.
That makes one of us.
Re: The Buddhist Priest Who Became a Billionaire Snubbing Investors
#8“If you want eggs, take care of the hen,” Inamori said in an interview on Oct. 23. “If you bully or kill the hen, it’s not going to work.”
> His turnaround also cut roughly a third of the airline’s workforce, about 16,000 people.
At first glance that looks an awful lot like bullying the hen
Re: The Buddhist Priest Who Became a Billionaire Snubbing Investors
#9This seems like a pretty clear false dichotomy. The best companies tend to be great for both employees and shareholders.
That's why the article points out that it's not a dichotomy, and that "the man himself sees no conflict".
Re: The Buddhist Priest Who Became a Billionaire Snubbing Investors
#10Say what you will, but >After taking the CEO role without pay, he printed a small book for each staff member on his philosophies, which declared that the company was devoted to their growth. >"Company leaders should seek to make all their employees happy, both materially and intellectually," Inamori said. I'd take a pay cut to work at a place like that. Enjoying your work, feeling like you will be taken care of, and…
Im really doubtful whether employees are actually happy working there. Never heard of Kyocera being anywhere nesr tge top of Best Places to Work surveys adressing employees satisfaction. This sounds like a big PR piece with no fact to support any claim.