Ricoh Chairman Yoshinori Yamashita and Ken Kusunoki: "Living as an individual, not by position" (...
Click here for the full version (33 minutes). https://academy.president.jp/articles... Yoshinori Yamashita, who became president of an American subsidiary in 2008, faced a "life's ordeal." The Lehman Shock forced him to lay off employees. When he told the American head of corporate planning that he couldn't fire them, he received a response: "We have no choice but to cut people. Everyone will understand." Having assumed that "everyone" couldn't possibly understand, Yamashita was convinced by the unexpected reason. He then decided to "make a better decision for both those who stayed and those wβ¦