About this ebook
Konosuke Matsushita was poor, frequently got sick, and no real business experience, but did drive and passion. He started his company with one product, an electric light socket of his own design. He tells us, “There is one important thing to remember. Every manager needs to adopt an approach that makes use of their unique that best suits your own personal characteristics. Every single person has different inherent quality. Hatching that approach is the path that will lead to success.
Practical Management Philosophy demonstrates how managers think about management and how important the management philosophy is when you do business.
1. First Establish a Management Philosophy
2. Always Think in Terms of Seisei Hatten
3. Understand Human Nature
4. Fully Understand the Mission
5. Follow Natural Law
6. Regard Profits as a Reward
7. Promote Mutual Prosperity
8. Assume the Public is Right
9. Believe You Will Succeed
10. Strive for Autonomy
11. “Dam” Management
12. Sound Management Practice
13. Be Committed to Specialization
14. People Before Products
15. Collective Wisdom
16. Harmony in Opposition
17. Creative Management
18. Start Anew Every Day
19. Be politically Aware
20. The Sunao Mind
*PHP Institute, Inc. has a large collection of books, audios, videos, and other material on Konosuke Matsushita, the founder of Panasonic and PHP. 【PHP研究所】About the author
Konosuke Matsushita (November 27, 1894 ? April 27, 1989), the founder of Panasonic and PHP Institute, Inc., has been recognized as a distinguished entrepreneur over the year, and furthermore as a philosopher, an opinion leader, a publisher.
He was born in 1894 as the youngest of eight children of a wealthy farming family. However, at the age of four, his father lost home and farmland in rice speculation. At nine, he began apprenticeship at a charcoal brazier store in Osaka, left hometown, to support his family. He learned the basics of business as an apprentice, and joined an electric power company at fifteen, sensing the arrival of the age of electricity. He quit the company, began manufacturing and selling sockets and attachment plug, which was the turning point in his career to one of the world’s largest electronics giants.
He created and started a lot of unique things continuously and aggressively until passed away at the age of 94; started “division system” at Panasonic (1933), established Staff Training Institute (1934), concluded technical tie-up with Philips, Holland (1952), instituted “five-day work week system” (1965), published Thoughts on Man (1972), established Matsushita Institute of Government and Management to develop future Japanese leaders (1979), initiated Kyoto Colloquium on Global Change (1983), provided the endowment for the Japan Prize (1982), etc.
Matsushita maintained a keen interest not only in his global industrial empire but also in humanitarian projects. His philosophy of corporate management is highly idealistic as well as pragmatic and is infused with a fervent sense of mission. Always people-centered, it is grounded in his down-to-earth, realistic understanding of human nature.
*One of his famous sayings : The Sunao mind, the “untrapped mind” is open enough to see many possibilities, humble enough to learn from anyone and anything, forbearing enough to gorgive all, perceptive enough to see things as they really are, and reasonable enough to judge their true value. By Konosuke Matsushita
*PHP Institute, Inc.: In 1946 he founded the PHP Institute to promote peace and happiness through prosperity. PHP Institute is a research organization with a humanistic, cultural and social movement, and open to all ideas, past or present, Eastern or Western, scientific or religious, as long as they contribute to our pursuit of better ways to achieve prosperity, peace, and happiness.?
