Top 18 Quotes & Sayings by David Packard

Explore popular quotes and sayings by an American businessman David Packard.
Last updated on September 18, 2024.
David Packard

David Packard was an American electrical engineer and co-founder, with Bill Hewlett, of Hewlett-Packard (1939), serving as president (1947–64), CEO (1964–68), and chairman of the board of HP. He served as U.S. Deputy Secretary of Defense from 1969 to 1971 during the Nixon administration. Packard served as president of the Uniformed Services University of the Health Sciences (USU) from 1976 to 1981 and chairman of its board of regents from 1973 to 1982. He was a member of the Trilateral Commission. Packard was the recipient of the Presidential Medal of Freedom in 1988 and is noted for many technological innovations and philanthropic endeavors.

I think that we must find some way to get more common sense, more rationality, in our decisions and less emotion.
Marketing is too important to be left to the marketing department.
Why are we here? I think many people assume, wrongly, that a company exists solely to make money. Money is an important part of a company's existence, if the company is any good. But a result is not a cause. We have to go deeper and find the real reason for our being.
I have observed that money left without special guidance is sometimes used well and sometimes not. — © David Packard
I have observed that money left without special guidance is sometimes used well and sometimes not.
The most important question we have to deal with is a combination of population control and the control of our environment - how to utilize the world in as effective a way as we can for the future of mankind.
You appear to have a good project... we wish you well in this endeavor.
A company has a greater responsibility than making money for its stockholders. We have a responsibility to our employees to recognize their dignity as human beings.
Take risks. Ask big questions. Don't be afraid to make mistakes; if you don't make mistakes, you're not reaching far enough.
Bill Hewlett and I were brought up in the Depression. We weren't interested in the idea of making any money. Our idea was if you couldn't find a job, you'd make one for yourself.
The betterment of society is not a job to be left to a few. It's a responsibility to be shared by all.
The greatest success goes to the person who is not afraid to fail in front of even the largest audience.
Avoid openly trying to reform people. Every man knows he is imperfect, but he doesn't want someone else trying to correct his faults. If you want to improve a person, help him embrace a higher working goal-a standard, an ideal-and he will do his own 'making over' far more effectively than you can do it for him.
Profit is not the proper end and aim of management - it is what makes all of the proper ends and aims possible
Management by Walking Around
People, materials, facilities, money, and time are the resources available to us for conducting our business. By applying our skills, we turn these resources into useful products and services. If we do a good job, customers pay us more for our products than the sum of our costs in producing and distributing them. This difference, our profit, represents the value we add to the resources we utilize.
To remain static is to lose ground.
Why are we here? I think many people assume, wrongly, that a company exists solely to make money. Money is an important part of a companys existence, if the company is any good. But a result is not a cause. We have to go deeper and find the real reason for our being.
More organizations die of indigestion than starvation — © David Packard
More organizations die of indigestion than starvation
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