Alfred P. Sloan

United States
23 May 1875 // 17 Feb 1966
Executive

Quotes



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.
If we had the means to review and judge the effectiveness of operations, we could safely leave the prosecution of these operations to the men in charge of them.
Any rigidity by an automobile manufacturer, no matter how large or how well established, is severely penalized in the market.
There is no resting place for an enterprise in a competitive economy.
The rapidity of technological change makes the search for facts a permanently necessary feature.
Decentralization or not, an industrial corporation is not the mildest form of organization...! never minimized the administrative power of the chief executive.
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On Anger: "For every minute you remain angry, you give up sixty seconds of peace of mind."
Essays
On Destiny: "Our destiny exercises its influence over us even when, as yet, we have not learned its nature: it is our future that lays down the law of our today."
Human, All Too Human
On Friendship: "A crowd is not company; and faces are but a gallery of pictures; and talk but a tinkling cymbal, where there is no love."
Essays