Company Values - Deepstash
Leading in Product Management

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Company Values

Company Values

  • Do not fear failure; experience builds success/creates opportunities for employees.
  • Insist of quality in everything.
  • Build trust, transparency, and respect.
  • Failure is a good thing, and YKK believes that if the goals are set high, failure is inevitable.

20

168 reads

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Focus On Quality

  • One of YKK's core values is "insist on quality in everything," and, according to the company's own website, all of its business activities revolve around the assurance of quality.
  • Each YKK production site conducts various quality tests and regularly reports these to the headquarters ...

18

121 reads

Making An Obscure Speciality Item

Zippers are a specialty item that is not marketed directly to consumers yet make up an integral part of the piece of clothing, bags, luggage, or similar items.

While the zipper industry is relatively obscure, it is also large, with annual sales in between $7 and 13 billion (U.S.), with a CA...

19

170 reads

Private Ownership

Private Ownership

  • YKK's financial statements reveal slow but steady growth through the years.
  • Dating back 20 years, the operating profits of the fastening business fluctuated between 11% and 16%.
  • All of its employees participate in th...

17

128 reads

Being A Leading Company For Decades Isn't Easy

Being A Leading Company For Decades Isn't Easy

Rarely does a company sustain its global industry leadership for more than a few decades, and most that do so are very well-known global brands.

Organizational longevity relates to how well a firm succeeds across different markets over time, irrespective of its original objectives and found...

17

260 reads

The YKK Mystery

The YKK Mystery

YKK stands for the Japanese zipper manufacturer Yoshida Kogyo Kabushikikaisha, which roughly translates to Yoshida Company Limited. YKK, founded in 1934, manufactures and produces approximately 10 billion zippers a year.

It has impressively, and quietly, remained the market leader ...

19

207 reads

Being Global And Local

Adopting new cultural customs, norms, and traditions means acquiring new cultural knowledge and experiences, and learning and using new languages.

Focusing on local even manifests itself in different operations within one country. YKK successfully integrated its traditional Japanese values ...

19

121 reads

Commitment to Stakeholders

Commitment to Stakeholders

YKK goes to great lengths to connect with stakeholders on a local, community, and global level.

A key part of stakeholder engagement is giving back to the community and operating in a sustainable fashion.

By virtue of its corporate values, YKK is further ahead than most in integrating...

17

133 reads

Diverse And Low Profile

  • The YKK case illustrates that diversification may be a good business move but it can come with downsides and other risks.
  • Building a highly visible brand is conducive to staying on top or is it better to keep a low profile? The YKK story shows us that being visible to the public and ...

19

118 reads

CURATED FROM

CURATED BY

aubree_qff

Love yoga in the morning and a godd book in the evening.

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What's wrong with being focused on outcome?

  • People are encouraged to set high standards like high marks or goals at work. The problem arises when all we do is stress about that benchmark. All efforts taken are directed towards the result with no joy in the process.
  • Instead of asking,"How do I do this?", result focused work ...

Specific training and tools

A common fear is that employees may work less when they work remotely. This fear is usually misguided, and the desire to micro-manage should be curbed.

  • Remote teams should be granted trust and then the right set of accountability and communication structures should be put in plac...

A Threshold Of Success

Take a good look at your life, and the goals you have set, and find out that sweet spot, the threshold of success that you think is β€˜enough’ for you to feel productive and successful.

Example: At Google, projects have multiple objectives but instead of an all-or-nothing situation, they...

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