Kazuo Inamori's Practical Learning
Overview
When Kazuo Inamori first founded Kyocera, he knew neither accounting nor management, so he encountered many challenges in the process of starting up the company, and even had to borrow money from the bank in order to pay dividends when there were clear surpluses. He realized that because of the time lag between payments and receipts in the company's accounts, even if he followed accounting principles, he still could not immediately grasp the cash flow, which seriously affected the correctness of his business decisions and invariably padded operating costs. Therefore, through self-education and based on accounting theories and business practices, he integrated "accounting principles" that truly reflect the current state of the enterprise, so that the entire organization can immediately grasp the revenue and profitability, creating a transparent organization, and indirectly helping to boost the morale of employees, creating a high-yield enterprise that maintains double-digit growth every year. This book is the first in his "Accounting Concepts" trilogy.
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Details
- ISBN-13: 9789863989394
- ISBN-10: 9863989398
- Publisher: Tian Xia Za Zhi
- Publish Date: January 2024
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