Mastodawn

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WIST Quotations Feb 24

A quotation from Hyman Rickover

A preoccupation with the so-called bottom line of profit and loss statements, coupled with a lust for expansion, is creating an environment in which fewer businessmen honor traditional values; where responsibility is increasingly disassociated from the exercise of power; where skill in financial manipulation is valued more than actual knowledge and experience in the business; where attention and effort is directed mostly to short-term considerations, regardless of longer range consequences.

Hyman Rickover (1900-1986) American naval engineer, submariner, US Navy Admiral
Speech (1982-01-28), Joint Economic Committee, U.S. Congress, 97th Congress, 2nd Session

More about this quote: wist.info/rickover-hyman/82278…

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Rickover, Hyman - Speech (1982-01-28), Joint Economic Committee, U.S. Congress, 97th Congress, 2nd Session | WIST Quotations

A preoccupation with the so-called bottom line of profit and loss statements, coupled with a lust for expansion, is creating an environment in which fewer businessmen honor traditional values; where responsibility is increasingly disassociated from the exercise of power; where skill in financial manipulation is valued more than actual knowledge…

WIST Quotations

pacificabs Dec 29

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