Family Business Lessons
Akio Morita shares the fascinating story of his family's sake brewing business, highlighting the challenges that arise when generations lose focus on the business and pursue other interests. He discusses the misalignment of incentives with hired managers and the responsibility he faced in restoring the company's profitability and the Morita family fortunes. Akio's early immersion in the business, guided by his understanding father, played a crucial role in his growth and success.In this clip
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Founders
#102 Akio Morita (Sony)
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