By Thomas J. Watson Jr.
The undying enterprise publication that also brings standpoint and suggestions to brand new bottom-line executivesWhen first released in 1963, IBM CEO Thomas Watson Jr.'s A enterprise and Its ideals gave readers an exceptional glance inside of IBM's government workplaces. Watson-son of IBM's founder- candidly mentioned how the corporate clung to its values through the first nice technological shift, and the way this refusal to compromise grew to become IBM's energy. He additionally turned one of many first CEOs to question business's position and accountability in society, and overtly talk about how organizations may meet increasing social expectancies whereas nonetheless turning a profit.The groundbreaking rules during this booklet nonetheless resonate with present day managers. This newly released variation reintroduces Watson's principles to a brand new new release of decision-makers looking for IBM-style criteria for his or her personal corporations. A to-the-point exam of the values and ideology that outfitted and sustained IBM, its message is as worthwhile this present day because it used to be 4 a long time back-and will once more strike a convincing chord with executives far and wide.
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Additional resources for A Business and Its Beliefs: The Ideas That Helped Build IBM
30 Chapter 7: New Problems, New Approaches thinking, far outweighs any fears I might have about Federal aid to education. The important thing in a situation like this is to solve the problem and to solve it by the best means, even if this does call for some change in tradition. On the question of national health problems, again we've got to think in terms of solutions rather than in terms of the dangers some may see in present propositions. We can't simply say that inadequate medical care is the price people must pay if they are incapable of earning enough to provide for themselves.
We can't simply say that inadequate medical care is the price people must pay if they are incapable of earning enough to provide for themselves. Closer to home for the businessman are the complex and interconnected problems of unemployment, automation, and expanding population. Here the businessman plays a direct part in the problem as well as its solution. One of the great contradictions in our affluent society is unemployment. One can quarrel with the statistics, but all that does is to change the total.
Many businessmen have accepted the fact that out-of-the-ordinary medical costs, adequate insurance, and adequate provision for retirement are beyond the means of the average employee. To close these gaps, we have introduced benefit programs and are making improvements in them all the time. If we grant that these programs are necessary and right for the employees of big corporations, then certainly we cannot follow a double standard and contend that they are not needed by other people. Only 14 per cent of the total United States work force is employed by the top 500 industrial corporations.
A Business and Its Beliefs: The Ideas That Helped Build IBM by Thomas J. Watson Jr.