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Management Principles

Management Principles

Principle 1: Apply force from the center of the ring

Principle 2: Continuously engage in creative work

Principle 3: Conceive Optimistically, Plan Pessimistically, and Execute Optimistically

Principle 4: The outcome of our life or work is the product of attitude, effort and ability

Principle 5: Pursue Profit Fairly

Principle 6: The “Customer-First” Principle

Principle 7: Emphasize partnership

Principle 8: Management by All

Principle 9: Maximize Revenues and Minimize Expenses (Count What Comes In, and Control What Goes Out)

Principle 10: Practice Gemba-oriented Management 

Principle 11: The Principle of One-to-One Correspondence;The Principle of Double-Check

Principle 12: Keep Things Simple