Timeless Management Principles:
Watson Sr. and Drucker on Short-Term Thinking
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Date Published: August 3, 2021
Date Modified: January 1, 2024 |
The "Value Conflict" in American Business "In any conflict between short-term results and long-term growth, one company decides in favor of long-term growth, another company decides such a conflict in favor of short-term results. Peter F. Drucker
"Managing Oneself" in Management |
Tom Watson Sr.'s Value System "We want you to feel that it [IBM] is more than an ordinary business, that it is a worldwide institution that is going to go on forever, that you are going to make it your life work and that you are going to bring your sons into it in the future. Tom Watson Sr.
The World's Greatest Salesman Speaking at an IBM Owl School, 1932 |
These two perspectives from Drucker and Watson describe the problems with IBM's 21st Century leadership. The top executives have a "value conflict" between short-term results and long-term growth, and they are not concerned with creating a business that will encourage two- and three-generation employment within families.
Peter E. Greulich Insight
August 2021
August 2021