THE 7 GUIDING PRINCIPLES OF KONOSUKE MATSUSHITA

 

7 core principles of Konosuke Matsushita Management Philosophy

[PHOTO SOURCE: https://www.1000ventures.com/business_guide/cs_biz_leaders_matsushita.html]

7 Leadership principles at Panasonic

[PHOTO SOURCE: https://images.app.goo.gl/pYQrRgLoVWq1hXPq5 .... …..



Tony Kippenberger (2002) elaborates on the leadership values that are deeply rooted in the Japanese business culture. These values were created by Konosuke Matsushita, the prominent deceased entrepreneur of Matsushita's Electric Company, who cared deeply for the employees of his company as if they were family. Matsushita firmly believed that a business as large as his was responsible to help all of society prosper, and not simply for those that owned and ran the company to prosper. 

  

Treat people you do business with as if they were a part of your family. - Konosuke Matsushita

[PHOTO SOURCE: https://www.azquotes.com/quote/1521938]

https://thesamuraiseven7.blogspot.com/2023/03/the-one-wallet-economy-of-konohana.html


In 1933 Matsushita, during the great depression, created seven "guiding principles":

•      Service to the public – by providing high-quality goods and services at reasonable prices, we contribute to the public's well-being;

•      Fairness and honesty – we will be fair and honest in all our business dealings and personal conduct;

•      Teamwork for the common cause – we will pool abilities, based on mutual trust and respect;

•      Uniting effort for improvement – we will constantly strive to improve our corporate and personal performances;

•      Courtesy and humility – we will always be cordial and modest and respect the rights and needs of others;

•      Accordance with natural laws – we will abide by the laws of nature and adjust to the ever-changing conditions around us; and

•      Gratitude for blessings – we will always be grateful for all the blessings and kindness we have received.“

 

 

  

In order to do a good job a person must like what he or she is doing....'Love thy work', and you will be successful..... If you do things just because you have to, then you will never enjoy work. Nor will you do a good job if you do it simply out of a sense of duty. stress is often a by-product of such passive or negative attitudes toward work. Paradoxically as it may sound, love of work can be the best medicine for workaholism. - Konosuke Matsushita

[PHOTO SOURCE: https://www.azquotes.com/quote/696229]


The "guiding principles" were "remarkable for their time". The seven principles are used by Matsushita's company today and serve as principles for other Japanese companies.

Because the "guiding principles" are such powerful statements and an extension of the Japanese cultural into business, the principles have been renamed the "Seven Spirits of Matsushita" to honor Matsushita.

We will try to create conditions where persons could come together in a spirit of teamwork, and exercise to their heart's desire their technological capacity. - Akio Morita

[PHOTO SOURCE: https://www.azquotes.com/quote/774911]

    

I believe it is a big mistake to think that money is the only way to compensate a person for his work. People need money, but they also want to be happy in their work and proud of it. - Akio Morita

[PHOTO SOURCE: https://www.azquotes.com/quote/1107594]

Instead of being afraid of the challenge and failure, be afraid of avoiding the challenge and doing nothing. - Soichiro Honda

[PHOTO SOURCE: https://www.azquotes.com/quote/750546]


 

Koumeiseidai is the combination of the four Japanese characters for public (公), clear (明), honest (正), and large (大). In other words, we must strive to make our thoughts and actions public, clear enough for anyone to understand, honest to the truth of the matter, and convey them with a loud enough voice so that all those concerned can hear.

[PHOTO SOURCE: https://kintopia.kintone.com/articles/005540.html]



OTHER LINKS:

https://www.richdad.com/giving-back

https://thesamuraiseven7.blogspot.com/2023/03/the-one-wallet-economy-of-konohana.html

https://thesamuraiseven7.blogspot.com/2023/04/robert-kiyosaki-on-budgeting-your-income.html

https://thesamuraiseven7.blogspot.com/2023/04/my-kakeibo-journal-part-1.html

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