Management
The Twelve Management Principles
At first glance, the intricacies of our world seem complex. However, by understanding the underlying principles and guidelines, complex matters can be made much more straightforward. Based on this idea, and drawing from Inamori's own experiences, "The Twelve Management Principles" were established to clearly answer the question, "How do you successfully manage a business?"
Though management is often perceived as a complex mix of elements, when we focus on the core essence of things, management is actually quite simple. By mastering these basic principles, anyone can steer the course of a business.
Based on the most basic and universal criteria of what is right as a human being, the "The Twelve Management Principles" can surely be understood not only in companies of different sizes or industries, but also across borders, cultures, and languages.
Adapted from The Twelve Management Principles: Essential Practices for Business Managers (published by Nikkei BP).
List of The Twelve Management Principles
- Principle 1: Clearly State the Purpose and Mission of Your Business
- Principle 2: Set Specific Goals
- Principle 3: Keep a Passionate Desire in Your Heart
- Principle 4: Strive Harder than Anyone Else
- Principle 5: Maximize Revenues and Minimize Expenses
- Principle 6: Pricing Is Management
- Principle 7: Success Is Determined by Willpower
- Principle 8: Possess a Fighting Spirit
- Principle 9: Face Every Challenge with Courage
- Principle 10: Always Be Creative in Your Work
- Principle 11: Be Kind and Sincere
- Principle 12: Always Be Cheerful and Positive. Hold Great Dreams and Hopes in the Pureness of Your Heart
Details on these principles can be found in the book The Twelve Management Principles.
Related Information
- "Why Do We Need Philosophy in Management?"
- Maintain an Ardent Desire That Permeates Your Subconscious Mind
- Accumulate Tedious Efforts
- Maximize Revenues, Minimize Expenses
- Raise Our Fighting Spirit
- Always Remain Cheerful
- Pricing Is Management
- Always Be Creative in Your Work