Monday, July 10, 2017

Matsushita Mediation

Looking for an earlier late night news, chanced upon ABC5's "Tulong Ko, Pasa Mo." The episode featured the story of Panasonic. After starting small on an inventive product, a bicycle lamp, Mr. Matsushita encountered a slump in business. He  refused to retrench or decrease employee pay, having considered his endeavor a sacred task after visiting a temple. Soliciting employee loyalty, he was able to convince them to sell their pending inventory as part of their job.

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