Panasonic quotes its founder, Matsushita Kōnosuke: Shūchi o atsumeta zen’in keiei, kore wa watakushi ga keieisha to shite shūshi ikkan kokorogake, jikkō shite kita koto de aru. “Management by everyone, gathering the wisdom of all, is what I kept in mind and put into practice as a manager from beginning to end.”
He also said that the more the wisdom of all employees is used in management, the more a company develops. At a policy meeting in 1957, he said: “Matsushita Electric is managed by the wisdom of all.”