In any organization men would move up form the bottom to the top. That develops loyalty, ambition and talent, because there is a chance for promotion.

Take my assets - but leave me my organization and in five years I'll have it all back.

Only in more production and in new production can the American standard of living be increased and the economy be sound.

Give a man a clear-cut job and let him do it.

It is impossible to get the measure of what an individual can accomplish unless the responsibility is given him.

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, or for that matter to accept temporary losses

Never make a personnel judgment the first time it comes up.