From a management standpoint, it is very important to know how to unleash people's inborn creativity. My concept is that anybody has creative ability, but very few people know how to use it.
I believe it is a big mistake to think that money is the only way to compensate a person for his work. People need money, but they also want to be happy in their work and proud of it.
In the long run, no matter how good or successful you are or how clever or crafty, your business and its future are in the hands of the people you hire.
There are three creativities: creativity in technology, in product planning, and in marketing. To have any one of these without the others is self defeating in business.
Management of an industrial company must be giving targets to the engineers constantly; that may be the most important job management has in dealing with its engineers.