If joining IBM was commitment, not employment, and the company engaged in something more than business, it had a right to demand of its men unconditional loyalty, Watson believed.
Joining a band of brothers together, a group with one common interest or mission, whether as a company, a team, or a motorcycle club, requires not only a commitment to loyalty but an understanding of self-preservati on as well.
Do business managers have a commitment to anything more than the success of their company and to making money? It would be hard to say that they do. Indeed, many business leaders deny that there is any conflict between self-interest and the interests of all.
When a manufacturing company in Spain looks to IBM for a solution to a problem, they expect us to bring the best of IBM worldwide to it, not just the experience of IBM Spain.
Joining a company is an act that calls for absolute loyalty in big matters and little ones.
If loyalty is, and always has been, perceived as obsolete, why do we continue to praise it? Because loyalty is essential to the most basic things that make life livable. Without loyalty there can be no love. Without loyalty there can be no family. Without loyalty there can be no friendship. Without loyalty there can be no commitment to community or country. And without those things, there can be no society.
We demand that big business give the people a square deal; in return we must insist that when any one engaged in big business honestly endeavors to do right he shall himself be given a square deal.
When in 1969 I became publisher of the 'Washington Post' as well as president of the company, my plate was fuller than ever. I had partly worked myself into the job but not, except for rare occasions, taken hold. I had acquired some sense of business but still relied on others more than most company presidents did.
It is said that if Noah's ark had to be built by a company; they would not have laid the keel yet; and it may be so. What is many men's business is nobody's business. The greatest things are accomplished by individual men.
We depend on you to do the right thing; right for both you and the company. It is no exaggeration to say that IBM's reputation is in your hands.
The Federal Reserve has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment... the European Central Bank has only the first. It has no commitment to keep employment up.
the Federal Reserve, has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment... The European central bank has only the first. It has no commitment to keep employment up.
You would not call me a marrying man, Watson?" "No, indeed!" "You'll be interested to hear that I'm engaged." "My dear fellow! I congrat-" "To Milverton's housemaid." "My dear Holmes!" "I wanted information, Watson.
Anytime you find someone more successful than you are, especially when you're both engaged in the same business - you know they're doing something that you aren't.
The primary rule of business success is loyalty to your employer. That's all right as a theory. What is the matter with loyalty to yourself?
If we are to have a stabilized market demand, selling pressure should be maintained . . . perhaps increased . . .at the first sign of a decline in business. I know of no single way business managers can do more to stabilize market demand than through greater stabilization of sales and advertising expenditures.
And so long as they were at war, their power was preserved, but when they had attained empire they fell, for of the arts of peace they knew nothing, and had never engaged in any employment higher than war.