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A Sacred Obligation that Supports the Freedom of Speech!

10/25/2021

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"With every privilege there is also an obligation. The obligation for the individual and for corporations which have had an opportunity in this country to make a lot of money is to repay for that privilege by paying taxes and not complaining about it."
Thomas J. Watson Sr., December 5, 1942, IBM Family Event
Picture of two young ladies talking.
The freedom of speech is intimately interlocked with the obligation of listening.
When we stand today for the freedom of speech in this country, what is our most sacred obligation to preserve this wonderful freedom and ensure it remains strong for the individual, communities of likeminded individuals, and the press?
I would propose that it is an obligation to give fair hearing to each other:

​The obligation to listen.
Or, as my father used to tell me when I was a know-it-all teenager, "Son, God gave you two eyes, two ears, one brain, and a single mouth. Take the hint from Him who created all things: Observe and listen, and then engage your brain before opening your mouth.

To read how Tom Watson was taken to task by Drew Pearson in "The Washington Merry-Go-Round" for his taxpayer statement above, ​select the button below. You may also find a story of two men listening to each other to resolve a misunderstanding.

Don't we need a little more of this in politics, business and spiritual matters today?
Thomas J. Watson Sr.'s 1943 Tax "Problem."
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Tom Watson Sr.'s Gift of Retirement to IBM's Employees

10/14/2021

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When Peter E. Greulich started his research on Tom Watson and IBM in 2011, he saw this entry in the IBM Annual Reports: "The Watson Fund for Supplementing the IBM Retirement Plan." He, of course, thought it was money set aside for Tom Watson's retirement. Isn't that what most 21st Century Chief Executives would and have done?
Picture showing a Chief Executive Officer Holding a Piggy Bank with the Tagline: The Watson Fund Establishing IBM's Retirement Plan.
​He later learned that this fund was set up by Tom Watson for the benefit of his employees. ​This is an amazing, forgotten slice of IBM history about how IBM's Retirement Plan was started and supplemented over time …

… with Tom Watson Sr.'s generosity.
There isn't a day that goes by that I don't think of how IBM's corner office has changed in this new century. That which one exemplary 20th Century chief executive made possible for his employees, three 21st Century chief executives—two men and one woman—have exploited to pump up profits and earnings per share for personal gain.

This is not a problem with the system of capitalism. It is a problem with the internal moral character of IBM's leadership.
Peter E. Greulich

The Founding of IBM's Retirement Plan
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Snarling Management Produces Employees Who Snarl

10/10/2021

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“Many a man in charge of others snarls at his employees simply because the man who held the job before him and under whom he was trained had cultivated the fine art of snarling.
Picture of dog snarling to signify an ugly corporate culture.
"An equally pertinent observation is that the pleasant-mannered employee usually reflects the attitude of a similarly pleasant-mannered boss.
"​Habits are catching. An executive’s daily attitude toward those in his employ becomes a habit. And the sum total of the relations of all the executives in all their relations with employees is the labor policy of that business in action.”
Management and the Worker, 1920

Today, wouldn't we call such an environment a corporate "culture" of snarling? And doesn't this concept apply in all aspects of life: economic, political, spiritual, and even ... parental?
Peter E. Greulich
Read more 1920 Insights from A. W. Shaws Trilogy about management

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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
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        • Aggressive Bookkeeping
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        • 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
        • Supporting Home Morale
        • Employee Military Service
        • War's End & Reconversion
      • Post-World War II >
        • Endicott Memorial
        • Poughkeepsie Memorial
        • Rehiring WWII Veterans
      • A Pajama Party
      • A 1943 Tax Problem
      • The Story of "THINK"
      • A Gift of Retirement
      • Learning from Crises
      • IBM Employee Housing >
        • Construction Timeline
      • Two Journalists "THINK"
      • A Buddy Davis Interview
      • Quotes of Watson
      • Quotes about Watson
      • Women in the Workplace
      • A Successful Rebranding
      • Tom Watson's Wild Ducks
  • Articles
    • Corporate Articles >
      • High-Performance Corporations
      • The Art of the Restart
      • Crises, Recoveries & Lessons Learned
      • Strategy Should Create Human Relationships
      • A Time-Tested Corporate Constitution
      • IBM, JC Penney and The Golden Rule
      • How IBM Created its 20th Century Brand
      • The Greatest Business Risk of the 20th Century
      • How to Grow a Business
      • The Importance of Sales Productivity
      • How Much Is a Great CEO Worth
      • Let Your Guard Down
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