2.0
23 Sept 2018
Former employee, more than 10 years
Trabuco Canyon, CA
Recommend
CEO approval
Business outlook
Pros
It was the best company when it embraced the philosophy and management principles of its founder k. Matsushita
Cons
The company started its downward slide when it strayed from its basic philosophy, concentrated too much power with the CEO and allowed him to do as he pleased. Once a company is afraid of an executive and worse, has no succession plan, it I’d doomed to fail and Panasonic Avionics proved it. The whole debacle with the DOJ and SEC investigations were only a tip of the iceberg as there is and was a lot more behind the allegations.