There is a "Value Conflict" in American Business Today
Tom Watson Sr.'s Value System
"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."
From "Managing Oneself" in Peter Drucker's Management
"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