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The late Alfred P. Sloan, Ir., long-time executive of General Motors Corporation, had a fivepoint secret of success. It was: 1. Get the facts. 2. Recognize the equities of all concerned. 3. Realize the necessity of doing a better job every day. 4. Keep an open mind. 5. Work hard.

Alfred P. Sloan

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Alfred P. Sloan
Age: 90 †
Born: 1875
Born: May 23
Died: 1966
Died: February 17
Author
Entrepreneur
New Haven
Connecticut
Alfred Pritchard Sloan
Jr.
Keep
Late
Equity
Better
Realize
Executive
Sloan
Hard
Realizing
Executives
Equities
Work
Open
Necessity
Motors
Every
Secret
Corporations
Alfred
Long
Success
Recognize
Irs
Mind
Jobs
General
Corporation
Time
Facts
Concerned
Motor

More quotes by Alfred P. Sloan

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Work hard. There is no short cut.
Alfred P. Sloan
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I have never issued an order since I have been the operating head of the corporation.
Alfred P. Sloan
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The business of business is business.
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I see no reason why 1931 should not be an extremely good year.
Alfred P. Sloan
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Only in more production and in new production can the American standard of living be increased and the economy be sound.
Alfred P. Sloan
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If you do it right 51 percent of the time you will end up a hero.
Alfred P. Sloan
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Bedside manners are no substitute for the right diagnosis.
Alfred P. Sloan
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The greatest real thrill that life offers is to create, to construct, to develop something useful. Too often we fail to recognize and pay tribute to the creative spirit. It is that spirit that creates our jobs.
Alfred P. Sloan
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Advanced engineering always, like advanced everything else, brings down upon it the discredit of ridicule of minds who cannot see so far.
Alfred P. Sloan
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It is astonishing what you can do when you have a lot of energy, ambition and plenty of ignorance.
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... Too often we fail to recognize and pay tribute to the creative spirit. It is that spirit that creates our jobs.
Alfred P. Sloan
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In any organization men would move up form the bottom to the top. That develops loyalty, ambition and talent, because there is a chance for promotion.
Alfred P. Sloan
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Give a man a clear-cut job and let him do it.
Alfred P. Sloan
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There has to be this pioneer, the individual who has the courage, the ambition to overcome the obstacles that always develop when one tries to do something worthwhile, especially when it is new and different.
Alfred P. Sloan
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If we are all in agreement on the decision - then I propose we postpone further discussion of this matter until our next meeting to give ourselves time to develop disagreement and perhaps gain some understanding of what the decision is all about.
Alfred P. Sloan
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Competition is the final price determinant and competitive prices may result in profits which force you to accept a rate of return less than you hoped for, or for that matter to accept temporary losses
Alfred P. Sloan
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Some have an idea that the reason we in this country discard things so readily is because we have so much. The facts are exactly opposite-the reason we have so much is simply because we discard things so readily. We replace the old in return for something that will serve us better.
Alfred P. Sloan
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Never inject a man into the top, if it can be avoided. In a big organization, to have to do that, I think, is a reflection on management, Of course there are always exceptional cases.
Alfred P. Sloan
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[Could] motor cars could be produced [in a country like Germany] and sold in competition in the American market . . . .In my opinion it is impossible to reach the conclusion that competition from without can ever be any factor whatsoever?
Alfred P. Sloan
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The worst is over without a doubt.
Alfred P. Sloan