Quote

[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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Alfred P. Sloan
Age: 90 †
Born: 1875
Born: May 23
Died: 1966
Died: February 17
Author
Entrepreneur
New Haven
Connecticut
Alfred Pritchard Sloan
Jr.
Like
Car
Sold
Reach
Cars
Impossible
Produced
Opinion
Factors
American
Germany
Ever
Conclusion
Motor
Without
Competition
Whatsoever
Country
Market
Factor

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Never make a personnel judgment the first time it comes up.
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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.
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Give a man a clear-cut job and let him do it.
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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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There is no resting place for an enterprise in a competitive economy.
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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.
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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.
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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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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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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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Work hard. There is no short cut.
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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.
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If you do it right 51 percent of the time you will end up a hero.
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The worst is over without a doubt.
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The business of business is business.
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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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