IBM and Peter F. Drucker: Long- vs. Short-Term Thinking
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. Again this is not primarily a disagreement on economics. It is fundamentally a value conflict regarding the function of a business and the responsibilities of management."
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. That is the kind of a business you are engaged in, gentlemen.
Tom Watson Sr.
The World's Greatest Salesman
Speaking at an IBM Owl School, 1932
Peter E. Greulich is an author, publisher and public speaker.
He has written three books on IBM and three essays on Thomas J. Watson Sr.’s leadership during the Great Depression. His latest book, Think Again!: IBM CAN Maximize Shareholder Value is a sweeping historical look at IBM and its nine chief executives. It puts a spotlight on IBM's current human resource practices in light of IBM’s time-tested, human-relationship achievements.
THINK Again! is a different perspective from Louis V. Gerstner’s Who Says Elephants Can’t Dance. Pete's thoughts are always a view from beneath—the perspective of an IBM employee-owner. IBMers with stories to share can reach Pete at IBMers @ mbiconcepts.com.