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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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Alfred P. Sloan
Age: 90 †
Born: 1875
Born: May 23
Died: 1966
Died: February 17
Author
Entrepreneur
New Haven
Connecticut
Alfred Pritchard Sloan
Jr.
Talent
Chance
Develops
Moving
Promotion
Form
Loyalty
Would
Ambition
Men
Bottom
Organization
Move

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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.
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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.
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A car for every purse and purpose.
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The worst is over without a doubt.
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Give a man a clear-cut job and let him do it.
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If you do it right 51 percent of the time you will end up a hero.
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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.
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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?
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There is no resting place for an enterprise in a competitive economy.
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The final act of business judgment is intuitive.
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It is impossible to get the measure of what an individual can accomplish unless the responsibility is given him.
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Work hard. There is no short cut.
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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.
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Never make a personnel judgment the first time it comes up.
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Take my assets - but leave me my organization and in five years I'll have it all back.
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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.
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Bedside manners are no substitute for the right diagnosis.
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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
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I see no reason why 1931 should not be an extremely good year.
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It is astonishing what you can do when you have a lot of energy, ambition and plenty of ignorance.
Alfred P. Sloan