Alfred P. Sloan, Jr. (1875-1966)

“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.”

“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.”

“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.”

“A car for every purse and purpose.”

“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.”

“In any organization men would move up from the bottom to the top. That develops loyalty, ambition and talent, because there is a chance for promotion.”

“If you do it right 51 percent of the time you will end up a hero.”

“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.”

“Bedside manners are no substitute for the right diagnosis.”

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