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Helen Keller on the Value of a College Education

1/31/2022

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​"​If you must pass through a desert to reach the smiling land of plenty, set forth bravely, and the hard journey across the waste places shall give strength to your feet. We derive benefit from the things we do not like and do nevertheless because they have to be done … and done—all the more conscientiously—because we do not like them. Necessity teaches patience and obedience."
Helen Keller, "An Apology for Going to College," 1905
Slide image of Radcliffe College with quote of Helen Keller.
​This is an amazing article. Timeless in its wisdom. It should be considered as a mandatory read for all those executives who believe a college education unnecessary. I truly doubt that any of their struggles can compare with Helen Keller's. Every individual to achieve peace in life must learn the value and power of "delayed gratification."
May Helen Keller rest in peace and be thanked for these insights, and may you also learn patience and obedience. …

As Miss Keller wrote, they come from facing and overcoming "hard journeys."
Helen Keller: The Value of a College Education
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21st Century IBM Financial Information To Be Available in April

1/19/2022

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Thank you for all the inquiries about updating the 21st Century IBM information on my website. I know that everyone is anxious to get the latest data.
Slide image with an evaluation of Louis V. Gerstner, Samuel J. Palmisano, Virginia M. Rometty and Arvind Krishna.
The process I follow is not an analyst's quarter-to-quarter (or facetiously minute-to-minute) evaluation of the performance of the company. My data goes as far back as the founding of IBM in 1914 and my philosophy is that the best analysis of any company is an annual review which is always put into a historical perspective. 
In the case of IBM, I put its annual performance within the context of decades and a century of truly great, good, and bad corner office leadership. This year, like last year with the acquisition of Red Hat, will be a complicated analysis because of the divestiture of Kyndryl.

I will get to work on that information as soon as IBM releases its official 2021 Annual Report.
In the meantime, enjoy what is on the site today: Selecting the image above or the menu below.

Cheers,

- Peter E.
The Twenty-First Century IBM Home Page
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Andrew Carnegie on Diversity in the Human Race

1/10/2022

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​"Nothing should be done that would tend to reduce diversity of talents in our [human] race.
Image of the front cover of Andrew Carnegie's
Latest Book Review
"Everything should be done to increase it if possible; for it is through "variation" the progress of the [human] race has been achieved, and progress is the chief end of existence.

​"This is what we are here for, as is proven by the fact that progress from the lower to the higher has prevailed from the time this earth cooled and life began to appear.
"This is our God-like mission: that every individual in his day and generation push this march upward, so that each succeeding generation may be better than the preceding."
Select the image above or the link below to read a review of "An American Four-in-Hand in Britain."
Andrew Carnegie's "An American Four-in-Hand in Britain."
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The Forgotten Men Who Built the Early American West

1/3/2022

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B. C. Forbes in "Men Who Are Making the West" rattles off the names of the following. It is a literal  list of Whos Who of "Eastern" American Industrialists:
Image of the front cover of B. C. Forbes'
"The oil industry has its Rockefeller, the steel industry its Gary, the automobile industry its Ford, the photographic supply business its Eastman, the tobacco industry its Duke, the field of invention its Edison, . . .

" 
. . . the woolen industry its Wood, the lumber industry its Weyerhaeusers, the daily newspaper business its Hearst, the weekly field its Curtis [The Saturday Evening Post] . . .
" . . . the powder industry its duPonts, the smelting business its Guggenheims, the heavy chemical industry its Nichols, the mail-order business its Rosenwald, the corn products industry its Bedford, and the fire insurance business its Evans; . . .
" . . . the telephone had its Vail, the cash register had its Patterson, the chain store its Woolworth, railroading its Hill and Harriman, the electric industry its Coffin, coke its Frick, banking its Morgan, the sewing machine business its Singer."
​I wonder how many of today's MBAs would recognize any of the ranchers, industrialists and bankers in this book by B. C. Forbes: "Men Who Are Making the West." I surely don't ask the question with any sense of superiority or intention of slighting a business education . . .  because I only recognized one: Captain Robert Dollar.
Although B. C. Forbes is a little over-laudatory in his approach, he also presents solid facts that these men understood their responsibilities to their four stakeholders: customers, employees, shareholders and their shared societies.
Read The Book Review of B. C. Forbes' "Men Who Are Making the West"
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    Peter E. Greulich

    Pete has been studying IBM and early American corporate history since his retirement in 2011. These are his thoughts and musings, and of those whose biographies he has read with links to articles and book reviews on this website.


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  • Home
  • About
  • Books / Bibliography
    • THINK Again! >
      • Preface
      • Foreword
      • Introduction
      • Business Talk Interview
      • Book Trailers and Videos
    • A View from Beneath >
      • Preface
      • Resource Actions >
        • Two R.A. Days Hit Home
        • R.A. Day Kills Productivity
      • Business Talk Interview
      • Book Trailers and Videos
    • The World's Greatest Salesman >
      • Preface
      • Introduction
      • Workplace Safety
      • Images and Quotes
      • Book Trailers / Videos
    • Essays on Leadership >
      • Democracy in Business
      • We Are All Assistants >
        • Frank Venner: We Are All Assistants
      • We Forgive Thoughtful Mistakes
    • Bibliography Overview >
      • IBM >
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          • Round the World
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          • An American Four-in-Hand
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          • Edison: His Life and Inventions
          • Edison: My Friend
        • Farquhar, A. B.
        • Filene, Edward A. >
          • The Way Out >
            • Captains of Industry vs. Captains of Finance
          • Successful Living >
            • Rules of Success
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          • Men and Rubber
          • Making an Organization
        • Flint, Charles R.
        • Ford, Henry >
          • Books by Henry Ford
          • The Last Billionaire
        • Gary, Elbert H.
        • Guggenheim, William
        • Hill, James J.
        • Hollerith, Herman
        • Johnson, George F.
        • Patterson, John H.
        • Penney, James C. >
          • Fifty Years With the Golden Rule
        • Procter, William C.
        • Rockefeller Sr., John D.
        • Rosenwald, Julius
        • Sloan Jr., Alfred P.
        • Swope, Gerard >
          • Swope of G.E.
          • The Swope Plan
          • Selected Addresses
        • Verity, George M. >
          • True Steel
          • Character & Success
        • Wanamaker, John >
          • A Business Biography
          • Retail Firsts
        • Watson Jr., Thomas J. >
          • A Business and Its Beliefs
          • Management Briefings
          • Father, Son & Company
        • Watson Sr., Thomas J. >
          • Human Relations
          • Men-Minutes-Money
          • The Lengthening Shadow
        • Young, Owen D. >
          • Selected Addresses
          • New Industrial Leader
      • Capitalists >
        • Baruch, Bernard M. >
          • My Own Story
          • The Public Years >
            • A Review
            • Second Thoughts
        • Schiff, Jacob H.
      • Journalists >
        • Baker, Ray Stannard >
          • Autobiography
          • The Color Line
          • Woodrow Wilson
        • Crowther, Samuel >
          • Articles >
            • Bantam Ball Bearing
          • Biographies
          • Industrialist Anthology
        • Gunther, John >
          • Eisenhower
        • Steffens, Lincoln
        • Sullivan, Mark >
          • Overview
          • Our Times
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      • Publishers >
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          • 101 Unusual Experiences
        • Shaw, A. W. >
          • Handling Men >
            • Why We Are Hiring Women
          • The Companion Series
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          • The New Freedom
          • The Ordeal of Woodrow Wilson
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            • Volume VI: Facing War
          • Woodrow Wilson's Last Words
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          • Up From Slavery
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  • 21st Century IBM
    • Corporate Performance >
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          • A $35 Billion Gamble
          • IBM + Red Hat 2019 Results
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      • Centralization >
        • A Lost Federation
        • The Need to Decentralize
      • Divestitures >
        • Kyndryl Analysis
        • Kyndryl Top Questions
        • Martin Schroeter
      • Employees >
        • Resource Actions
        • Age Discrimination >
          • Cutting Old Heads
        • Employee Engagement
        • Aren't Buying Into IBM
        • Massive Work Slowdown
        • Failure of Work at Home
      • Financial Engineering >
        • Workforce Rebalancing
        • Aggressive Bookkeeping
      • Shareholders >
        • Share Buybacks
        • Shareholder Risk
        • Employee Engagement
        • Warren Buffett's Mistake
        • Do Share Buybacks Work?
    • CEO Performance >
      • Arvind Krishna Overview >
        • Overall Performance >
          • Revenue & Profit
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          • IBM Market Value
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        • First Year Performance >
          • Revenue & Profit
          • Revenue & Profit Growth
          • Revenue & Profit Productivity
          • IBM Market Value
          • Shareholder Returns & Risk
          • Share Buybacks
        • The First 100 Days
      • Ginni Rometty Overview >
        • Shareholder Value
        • Shareholder Risk
        • Share Buybacks
        • Dividend Strategy
        • Acquisition Strategy
        • Revenue & Profit Productivity
        • Revenue & Profit Growth
        • Revenue & Profit
  • 20th Century IBM
    • Corporate Performance >
      • IBM's Greatest CEO >
        • Shareholder Returns
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        • Revenue Per Employee
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        • Profit Per Employee
        • Market Value
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        • Stock Market Headwinds
        • CEO Historic Footnotes >
          • IBM's Founding Team
          • Financial Engineering
          • The Greatest Gamble
    • Corporate Practices >
      • IBM Anniversaries
      • IBM Benefits
      • IBM Creativity >
        • IBM Cartoons
        • IBM Song Books
        • IBM UK Dictionary
        • IBM Computing Dictionary
      • IBM Wild Ducks >
        • The Wild Goose
        • Royal Dissenters
        • Corporate Constitution
        • Respect for the Individual
        • Service to the Customer
        • Pursuit of Excellence
    • Corporate Products >
      • 1890: U.S. Census
      • 1920: Dayton Scales
      • 1940: The Electromatic
    • Thomas J. Watson Sr. >
      • Articles by Watson >
        • On World Peace
        • On the Cost of War
        • On Public Education
        • On Thomas Jefferson
        • On Thoughtful Mistakes
        • On Stakeholder Relations
      • Articles about Watson >
        • The $1,000-A-Day Chief Executive Officer
        • Employees are Valued
        • Democracy's Man o' War
        • Human Relations in 1956
        • A CEO Who Earned His Pay
        • The Lengthening Shadow
      • Slice of Life Stories >
        • Dali, Salvador
        • Drucker, Peter F. >
          • Authority and Power
          • Short-Term Thinking
          • A Corporate Culture
          • Raising Business Issues
          • Focus on Principles
          • Character and Manners
          • Knowledge Workers
          • Recognizing Ability
          • Individual Respect
          • Employee Paternalism
        • Eastman, George
        • Penney, J. C. (James Cash) >
          • Watson Homestead
          • Golden Rule Businesses
        • Fighting Discrimination
      • Pre-World War II >
        • A Lost Dream of Peace
        • USO Camp Show Founder
      • World War II Effort >
        • Selling War Bonds
        • Production Awards
        • Controlling Profits
        • Machine Records Units
        • Wartime Contributions
        • Widows & Orphans Fund
        • Declaring Human Rights
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