Sony - Sucess Story

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  • 8/22/2019 Sony - Sucess Story

    1/11

    SUCCESS STORY OF SONYSUCCESS STORY OF SONY

    M r I b u k a a n d M r M o r i t a 1 9 9 6 - S o n y 5 0 t h a n n i v e r s a r yM r I b u k a a n d M r M o r i t a 1 9 9 6 - S o n y 5 0 t h a n n i v e r s a r y

    A c c o r d i n g t o t h e C o n c i s e O x o r d ! n g " i s h # i c t i o n a r y $ t h e % o r d

    & i n n o v a t e ' ( e a n s t o c h a n g e s o ( e t h i n g e s t a b " i s h e d b y i n t r o d u c i n g

    n e % ( e t h o d s $ i d e a s o r ) r o d u c t s *

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    s t a r t t h e c o ( ) a n y $ & + e s t a r t e d % i t h a b a s i c c o n c e ) t t h a t % e h a d

    t o d o s o ( e t h i n g t h a t n o o t h e r c o ( ) a n y h a d d o n e b e o r e ' * , r o (

    t h e s e i n a u s ) i c i o u s b e g i n n i n g s s ) r a n g o n e o t h e % o r " d s ( o s t

    i n n o v a t i v e c o ( ) a n i e s $ % i t h % o r " d % i d e s a " e s i n i s c a " . 0 0 6 o

    / 6 * 9 b i " " i o n 2 . * . b i " " i o n 3 4 u s i n e s s t i ( e s o n " i n e $ . 0 0 3

    , r o ( t h e b e g i n n i n g o t h i s o r g a n i a t i o n $ t h e c o ( ) a n y % a n t e d t o

    b e s uc ce s s u " b y be in g an in n ov a t iv e o rg a n i a t io n a nd s o th ey

    a d o ) t e d t h e o " " o % i n g s t e ) s t o d o s o 7

    C r e a t e a s t r a t e g i c v i s i o n

    ! s t a b " i s h i n n o v a t i o n a s a ) r i o r i t y

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    ! s t a b " i s h ) r o c e s s i d e a s t o c o n v e r t i d e a s t o i n n o v a t i o n s

    A " " o c a t e r e s o u r c e s e e c t i v e " y

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    8 r a i n % o r k o r c e t o b e c r e a t i v e a n d i n n o v a t i v e

    M e a s u r e s a n d c o ( ( u n i c a t e r e s u " t s e i c i e n t " y a n d

    e e c t i v e " y

    e c o g n i e c r e a t i v e b e h a v i o r

    e % a r d i n n o v a t i v e r e s u " t s n o t e s b y : * M o h a n 3

    ; o% "o ok i ng o r ) ra c t i ca " a c to r s %h ich co n t r ib u ted to So ny s

    h u g e s u c c e s s a s a n i n n o v a t i v e c o ( ) a n y

    I n t h e e a r " y ) o s t - % a r ) e r i o d $ I b u k a ) r o d u c e d ) r o d u c t s % i t h a v e r y

    d i s t i n c t $ o b v i o u s n e e d * 8 h e s e ) r o d u c t s d i d n o t n e e d a c o ( ) " e x

    ( a r k e t i n g o r d i s t r i b u t i o n s y s t e ( *

    & A n i n v e n t o r s o u t " o o k * ' 8 h i s i s e x ) " a i n e d b y a < u o t a t i o n r o (

    I b u k a * & 8 o d o t h e = o b b e t t e r t h a n a n y b o d y e " s e * 8 o d o s o ( e t h i n g

    u n i < u e * ' 8 h i s a t t i t u d e h e " ) e d t h e c o ( ) a n y t o a v o i d e x i s t i n g

    c o ( ) e t i t i o n r o ( e s t a b " i s h e d c o ( ) a n i e s *

    I n 1 9 5 . I b u k a % e n t t o t h e : n i t e d S t a t e s t o e x ) " o r e a ) o s s i b " e

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    c o ( ) a n y * + h i " e h e % a s t h e r e $ a : S r i e n d t o " d h i ( t h a t + e s t e r n! " e c t r i c % a s r e a d y t o " i c e n s e i t s t r a n s i s t o r ) a t e n t * I b u k a

    i n v e s t i g a t e d b u t % h e n h e h e a r d t h e ) r i c e % a s / . 5 $ 0 0 0 ? h e " e t t h e

    : S k n o % i n g t h e ) r i c e % a s t o o ( u c h *

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    e n g i n e e r s i n ( i n d $ h e r e v i v e d t h e i r e u ) h o r i a % i t h a n e % ) r o = e c t 7

    t h e t r a n s i s t o r r a d i o * 8 h e n e x t ) o i n t % a s t h e c " a r i t y o i t s o u n d i n g

    c o n c e ) t > c o ( b i n i n g ( e c h a n i c a " a n d e " e c t r i c a " s k i " " s t o ) r o d u c e

    u n i < u e ) r o d u c t s o r n e % a ) ) " i c a t i o n s * 8 h i s c " e a r a n d b r o a d

    c o n c e ) t a t t r a c t e d ) e o ) " e a n d ) r o v i d e d c o h e s i o n t o t h e i r a c t i v i t i e s *

    8 h e 4 u s i n e s s 8 i ( e s O n " i n e $ . 0 0 3

    I n n o v a t i o n i s t h e k e y d e t e r ( i n a n t o e c o n o ( i c d e v e " o ) ( e n t *

    8 h e s u c c e s s a c t o r s a r e e x ) " a i n e d b y ( a ) ) i n g i n t e r ( s o

    M c i n s e y s - S r a ( e % o r k $ % h i c h a r e a s o " " o % 7

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    SHARED VALUE

    Qual i t y communica t ion- Bui ld ing mal l t !am

    I t k e ) t i t s i n n o v a t i v e t e a ( s s ( a " " $ % h i c h h e " ) e d t h e ( i n

    a c h i e v i n g b e t t e r a n d a s t e r c o ( ( u n i c a t i o n % i t h t h e t e a ( s

    STRATE"Y

    Ado#t !d long t !$m %o$ i&on

    Analy& ing a l t !$nat i'! o lu t ion

    i t u n d e r t o o k s e v e r a " ) a r a " " e " ) r o = e c t t o % a r d s a n e % i n n o v a t i o n

    % h i c h t h e n h e " ) e d t h e ( i n c r e a t i n g a " t e r n a t i v e s r o ( % h i c h

    ( a n a g e r s c o u " d c h o o s e t h e b e s t o ) t i o n *

    STRUCTURE

    (n'o l'! !m#loy!! ) t !am

    S o n y e n s u r e d ) e o ) " e r o ( d i e r e n t t e a ( s c o o r d i n a t e d $ a s i t ( a d e

    s u r e t h a t ( a n u a c t u r i n g ) a r t i c i ) a t e d o n t h e d e v e " o ) ( e n t t e a ( *

    8 h e y r o t a t e d e n g i n e e r s i n t o ( a r k e t ) " a c e $ i n t o ) r o d u c t i o n a n d

    o t h e r a s ) e c t s o o ) e r a t i o n s * 8 h i s h e " ) e d i n t r a n s e r r i n g

    t e c h n o " o g y * % h i c h % a s a c i " i t a t e d b e c a u s e o t h e b r o a d

    ) e r s ) ec t iv e o th e e ng in e e r s *

    SYSTE+

    S!t t ing ,!y t anda$d

    S o n y s e t e % k e y a n d s t i ( u " a t i n g s t a n d a r d s o r g r o % t h o t h e

    c o ( ) a n y $ a n d g i v e e ( ) " o y e e s t h e r e e d o ( t o % o r k o u t o r ( o r e

    s ) e c i i c g o a " s a n d s o " u t i o n s $ % h i c h h e " ) e d S o n y t o k e e ) a v e r y

    h i g h " e v e " o ( o t i v a t i o n o r i t e ( ) " o y e e s *

    STYLE

    (d!a l com#any

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    a n d d y n a ( i c $ % h e r e t e c h n i c a " s t a o s i n c e r e ( o t i v a t i o n c a n

    e x e r c i s e t h e i r t e c h n o " o g y s k i " " s t o t h e h i g h e s t " e v e " % h i c h

    a t t r a c t e d t a " e n t e d s t a a n d k e e ) t h e ( ( o t i v a t e d

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    Sony cu l t u$!

    M o s t i ( ) o r t a n t a n d t h e b e s t a c t o r o r S o n y s s u c c e s s i s t h e

    a c c e ) t a n c e o a i " u r e $ a s t h e u s e d B t r i a " a n d e r r o r a ) ) r o a c h *

    @ o % e v e r t h e y % o u " d n o t a " " o % r e ) e a t e d ( i s t a k e s *

    STAFF

    .!$ i t !nc! and #$ac t ic! o / %and - on manag!m!nt

    4 o t h I b u k a t e c h n i c a " g e n i u s 3 a n d M o r i t a e x ) e r t i s e i n ( a r k e t i n g

    a n d a d ( i n i s t r a t i v e a r e a s 3 t h e t % o o u n d e r o t h e c o ( ) a n y $ v i s i t e d

    # "abs and dea " t % i th t echno "og ies * And %ere su))or t ive to the

    # a c t i v i t i e s u n d e r t a k e n b y t h e i r e n g i n e e r s $ t h i s t h e n h e " ) e d

    t h e ( t o u n d e r s t a n d t h e i n n o v a t i v e t e c h n o " o g i e s *

    S0(LLS

    Tal!nt %unt ing

    8 h e r e c r u i t ( e n t a n d ) " a c e ( e n t o e x e c u t i v e a n d e n g i n e e r s i s

    g i v e n s t r a t e g i c i ( ) o r t a n c e $ a s t h e y " o o k e d o r t a " e n t e d a n d

    i n n o v a t i v e ) e o ) " e a n d n o t s o ( e o n e t o = u s t i " " t h e = o b *

    EFFECTS OF (NNOVAT(ON ON +AR0ET SHARE OF SONY

    1 * : A ; 8 A ; 7 S o n y C o r ) i s c o n i d e n t o ( a i n t a i n i n g i t s . D

    ( a r k e t s h a r e i n t h e e " e c t r o n i c s ) r o d u c t s s e c t o r i n A s i a E a c i i c

    t h i s y e a r $ s a i d S o n y ! " e c t r o n i cs A s i a E a c i i c ( a n a g i n g d i r e c t o r

    a u o ; a k a i *

    @ e s a i d d e s ) i t e t h e u n a v o r a b " e g " o b a " e c o n o ( i c o u t " o o k d u e t o

    t h e r i s i n g ) r i c e o o i " $ t h e g r o u ) % a s o ) t i ( i s t i c o a c h i e v i n g

    d o u b " e - d i g i t g r o % t h t h i s y e a r * 8 h e s t a r $ . 0 0 F 3

    2 . # , C I n t e " " i g e n c e s e n t u s the o recas t o r conso "e ga (es (arke t

    o r t h e n e x t 5 y e a r s * G o o k i n g a t t h e ( a r k e t t r e n d s r o ( S o n y s

    ( o s t o ) t i ( i s t i c ) o i n t o v i e % $ # , C I n t e " " i g e n c e ) r e d i c t s t h e

    r e v e n u e s o r g a ( e c o n s o " e s h a r d % a r e o n " y 3 t o g r o % t i " " . 0 0 9 $

    % h e r e i t % i " " a " ( o s t t o ) / . 0 b n $ a n d a " " a t e r % a r d s * I n t h e b e s t -

    http://www.icebase.com/go.shtml?20050629060811354074&m9090&http://www.dfcint.com/game_article/../order_desk.htmlhttp://www.icebase.com/go.shtml?20050629060811354074&m9090&http://www.dfcint.com/game_article/../order_desk.html
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    c a s e s c e n a r i o S o n y c a n h o ) e t o r e a c h 5 D ( a r k e t s h a r e $ " e a v i n g

    ; in ten d o an d Mic ro s o t % i th ro u g h "y

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    c o n s i d e r i n g t h e E S . s o " d a g a i " " i o n u n i t s t h i s " a s t g e n e r a t i o n *

    N o y s t i < $ . 0 0 6 3

    K * S o n y I n d i a i s e y e i n g K . D ( a r k e t s h a r e i n t h e d i g i t a l c a m e r a s

    c a t e g o r y i n t h e c o ( i n g i s c a " a s a g a i n s t D c u r r e n t " y * 8 h e

    c o ( ) a n y i s t a r g e t i n g s a " e s

    o 5 " a k h c a ( e r a s i n t h e i s c a " . 0 0 9 $ a n i n c r e a s e o ( o r e t h a n

    5 D r o ( e x ) e c t e d s a " e s o * " a k h u n i t s i n t h e c u r r e n t i s c a " *

    H S o n y h a s d i s t i n c t " y b e e n t h e b r a n d o c h o i c e o r c o n s u ( e r s * + e

    ) r ed ic t t h a t b r an d a d o) t io n % i " " c on t i n ue to i nc re as e in th e n ex t

    i n a n c i a " y e a r a s % e " " * 8 h a n k s t o t h e c o ( ) a n y s s t r o n g ) r o d u c t

    " i n e u ) % i t h g r e a t ) r o d u c t s a n d u n i < u e t e c h n o " o g i e s $ H s a i d S o n y

    I n d i a ( a n a g i n g d i r e c t o r M a s a r u 8 a ( a g a % a a t a c o n e r e n c e *

    8 h e c o ( ) a n y i n t r o d u c e d 1 1 n e % ( o d e " s o s t i " " d i g i t a " c a m e r a s

    i n t h e C a ) i t a " o n + e d n e s d a y * 8 h e ! c o n o ( i c 8 i ( e s $ . 0 0 9 3

    1 0 5 9 3

    Found!$12Masaru Ibuka

    Akio Morita

    H!ad3ua$t!$ Minato$ 8okyo$Na)an1P

    A$!a !$'!d +or"d%ide

    0!y #!o#l!

    Sir @o%ard Stringer

    Chair(an3 C!O31P

    yo=i Chubachi

    Eresident3 !"ectronics C!O3

    (ndut$yConsu(er e"ectronics

    !ntertain(ent

    .$oductAudio

    Qideo

    http://economictimes.indiatimes.com/News/News-By-Industry/Cons-Products/Electronics/Sony-eyeing-42-marketshare-in-digital-cameras-category/articleshow/4281913.cmshttp://economictimes.indiatimes.com/News/News-By-Industry/Cons-Products/Electronics/Sony-eyeing-42-marketshare-in-digital-cameras-category/articleshow/4281913.cmshttp://economictimes.indiatimes.com/News/News-By-Industry/Cons-Products/Electronics/Sony-eyeing-42-marketshare-in-digital-cameras-category/articleshow/4281913.cmshttp://economictimes.indiatimes.com/News/News-By-Industry/Cons-Products/Electronics/Sony-eyeing-42-marketshare-in-digital-cameras-category/articleshow/4281913.cmshttp://en.wikipedia.org/wiki/Entrepreneurhttp://en.wikipedia.org/wiki/Masaru_Ibukahttp://en.wikipedia.org/wiki/Akio_Moritahttp://en.wikipedia.org/wiki/Minato,_Tokyohttp://en.wikipedia.org/wiki/Minato,_Tokyohttp://en.wikipedia.org/wiki/Japanhttp://en.wikipedia.org/wiki/Japanhttp://en.wikipedia.org/wiki/Japanhttp://en.wikipedia.org/wiki/Sony#cite_note-sonycorpinfo-0%23cite_note-sonycorpinfo-0http://en.wikipedia.org/wiki/Japanhttp://en.wikipedia.org/wiki/Sir_Howard_Stringerhttp://en.wikipedia.org/wiki/Chairmanhttp://en.wikipedia.org/wiki/Chairmanhttp://en.wikipedia.org/wiki/CEOhttp://en.wikipedia.org/wiki/CEOhttp://en.wikipedia.org/wiki/CEOhttp://en.wikipedia.org/wiki/Sony#cite_note-sonycorpinfo-0%23cite_note-sonycorpinfo-0http://en.wikipedia.org/w/index.php?title=Ryoji_Chubachi&action=edit&redlink=1http://en.wikipedia.org/wiki/Presidenthttp://en.wikipedia.org/wiki/Presidenthttp://en.wikipedia.org/wiki/Presidenthttp://en.wikipedia.org/wiki/CEOhttp://en.wikipedia.org/wiki/CEOhttp://en.wikipedia.org/wiki/Industryhttp://en.wikipedia.org/wiki/Consumer_electronicshttp://en.wikipedia.org/wiki/Entertainmenthttp://en.wikipedia.org/wiki/Product_(business)http://en.wikipedia.org/wiki/Audio_equipmenthttp://en.wikipedia.org/wiki/Videohttp://en.wikipedia.org/wiki/Japanhttp://en.wikipedia.org/wiki/File:Sony_logo.svghttp://economictimes.indiatimes.com/News/News-By-Industry/Cons-Products/Electronics/Sony-eyeing-42-marketshare-in-digital-cameras-category/articleshow/4281913.cmshttp://economictimes.indiatimes.com/News/News-By-Industry/Cons-Products/Electronics/Sony-eyeing-42-marketshare-in-digital-cameras-category/articleshow/4281913.cmshttp://en.wikipedia.org/wiki/Entrepreneurhttp://en.wikipedia.org/wiki/Masaru_Ibukahttp://en.wikipedia.org/wiki/Akio_Moritahttp://en.wikipedia.org/wiki/Minato,_Tokyohttp://en.wikipedia.org/wiki/Japanhttp://en.wikipedia.org/wiki/Sony#cite_note-sonycorpinfo-0%23cite_note-sonycorpinfo-0http://en.wikipedia.org/wiki/Sir_Howard_Stringerhttp://en.wikipedia.org/wiki/Chairmanhttp://en.wikipedia.org/wiki/CEOhttp://en.wikipedia.org/wiki/Sony#cite_note-sonycorpinfo-0%23cite_note-sonycorpinfo-0http://en.wikipedia.org/w/index.php?title=Ryoji_Chubachi&action=edit&redlink=1http://en.wikipedia.org/wiki/Presidenthttp://en.wikipedia.org/wiki/CEOhttp://en.wikipedia.org/wiki/Industryhttp://en.wikipedia.org/wiki/Consumer_electronicshttp://en.wikipedia.org/wiki/Entertainmenthttp://en.wikipedia.org/wiki/Product_(business)http://en.wikipedia.org/wiki/Audio_equipmenthttp://en.wikipedia.org/wiki/Video
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    8e"evisions

    Co((unications and Inor(ation

    8echno"ogy

    Se(iconductors

    !"ectronic co()onents

    Motion Eicture

    Music

    On"ine 4usiness

    E"ayStation

    S!$'ic! ,inancia" services

    +a$,!t ca# :S/54i""ion 20093

    R!'!nu! R:S/100 4i""ion 20093.P

    O#!$ating incom! R:S/K 4i""ion 20083P

    N!t incom! R:S/10 4i""ion 20093citation neededP

    Total a!t R:S/190 4i""ion 20093 tri""ion y

    Total !3uity R:S/0 4i""ion 20093

    Em#loy!! 1F0$500as o . March .00F31P

    # a t a s o u r c e 7 + i k i ) e d i a . 0 0 9

    REFRENCES

    ; ot es g iv en b y t he " e c tu r e r - ch a ) t e r $ I n no v a t io n +o r ks h o )

    8 h e b u s i n e s s t i ( e s o n " i n e . 0 0 3 $ + + + P $ A v a i " a b " e r o ( 7

    h t t ) 7 b u s i n e s s *t i ( e s o n " i n e *c o * u k t o " b u s in e s s i n d u s t r y T s e c t

    o r s t echno "ogy a r t i c " e165F056 * ece A c c e s s e d o n 1 F M a r c h P

    + i k i ) e d i a . 0 0 9 3 $ + + + P $ A v a i " a b " e r o ( 7

    h t t) 7 en *% ik i)ed ia *o rg % ik i Sony A c c e s s e d o n 1 F M a r c h P

    8 h e s t a r $ . 0 0 F 3 $ + + + P $ A v a i " a b " e r o ( 7

    h t t ) 7 b i * th e s t a r * c o ( * (y n e % s s t o r y *a s ) U

    i " e V . 0 0 F 1 F b u s i n e s s . 1 F 5 1 s e c V b u s i n e s s a c c e s s e d

    o n 1 F ( a r c h P

    W #;et esea rch $ .0053 +++P$ Ava i " ab "e ro(7

    h t t) 7 b "ogs * dne t * co( I8 ,ac t s U)VF1 a c c e s s e d o n 1 F

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  • 8/22/2019 Sony - Sucess Story

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  • 8/22/2019 Sony - Sucess Story

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