Book Review A brief description of Kazuo Inamori s entrepreneurial journey

Mondo Finance Updated on 2024-02-25

Kazuo Inamori's father started out in a printing factory, but with the support of a wholesaler because of his careful work, he opened his own printing house. Mother Himemi didn't want the child to be weak, and even handed a broom to encourage the bullied child to go back for revenge.

Kazuo Inamori was able to successfully enter university with the intercession of his teacher, but was asked to support himself with scholarships and part-time jobs. Kazuo Inamori has sold paper bags, sold alcohol, and worked as a patrol officer.

After graduation, under the strong recommendation of Professor Toshio Takeshita, he successfully entered Matsufu Industrial Co., Ltd. through self-study in the Department of Inorganic Chemistry for half a year. At that time, the company was almost insolvent, and only Kazuo Inamori remained of the five college students in the same period in a year.

Kazuo Inamori immersed himself in his work, taught himself to develop ceramic parts for weak electricity, and successfully developed a new ceramic material called "forsterite" on his own, which helped the company come back to life. After more than a year in the company, he became the director of the special magnetic department, and through words and deeds, he created the "special forces of Songfeng Industrial Company".

Kazuo Inamori considered resigning because he was treated with contempt, and his former subordinates and even his former boss decided to resign along with him. The former boss Aoyama Shoji helped to bring in the investment of Miyaki Electric, and Kazuo Inamori obtained a 10% stake and the right to operate the company in the form of technology shares, and Kyoto Ceramics Company was established.

From the very beginning, Kazuo Inamori shouted the slogan and goal of "being the best in the world". In addition, we put the most energy on the thinking and exploration of business management, committed to creating common goals and stimulating the enthusiasm of employees, and creatively launched the "unit time accounting system" and "amoeba management system".

After the development and expansion, it will expand into packaging, electronic equipment, end products, environmental protection energy, communications and other business areas through investment and acquisition.

Kazuo Inamori said that "once a person is timid, there will be a lot of problems", so he believes that among the characteristics of people, the first character, the second courage, and the third is ability.

In terms of employing people, we should give space and recognition to the "spontaneous combustion", give training and incentives to the "ignition type", and be merciless to the "flame retardant type".

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