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ENTREPRENEUR Module - Business Environment National Institute of Business Management ADBM 15.1 2016.03.01

Entrepreneur (akio morita)

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Page 1: Entrepreneur (akio morita)

ENTREPRENEURModule - Business EnvironmentNational Institute of Business ManagementADBM 15.12016.03.01

Page 2: Entrepreneur (akio morita)
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MR. AKIO MORITA

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Personal profile

Name – Mr. Akio Morita

Birth day - January 26, 1921

County - Nagoya, Aichi Prefecture, Japan

Higher Education – he graduated from Osaka Imperial

University with a degree in

physics

Awards - Albert Medal(1982)

Founded - May 7, 1946

Dead - 3 October 1999 (aged 78) Tokyo, Japan

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About the company Commencement of Business - May 7, 1946 Major Products

Televisions-

Digital imaging Audio / Video-

Semiconductors Electronic components Professional solutions Medical

Markets – whole world Consolidated Sales and Operating revenue

8,215,880 million yen (last year 2015)

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Turning points of his life

When he came up with the idea of the tape recorder.

Akio Morita launched Sony in the United states 18 Mar

1960

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Challenges faced in life

Lunch a new product.

find the specific market.

Difficulties on customer necessity changes.

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Unique Qualities

Encouragement

Risk taken

Rational thinker

Goal oriented person

creativity

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Achievements about his business

In 1960 Akio Morita launched the company in the

United States and renamed it ‘Sony’.

The same year they produced the very first

transistor television.

In 1979 they diversified into the financial arena by

establishing the Sony Prudential Life Insurance Co.

Ltd. He also acquired CBS Records Inc. and

Columbia Pictures Entertainment Inc.

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Key lessons can learn from him

Believe in yourself.

Start small .

Pick a good name.

Trust your gut .

Don’t be afraid to make mistake.

Build a quality product.

Be different.

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THANK YOU FOR YOUR PARTICIPATION