"Some see danger in bigness. They fear the concentration of economic power that it brings with it. That is in a degree true. It simply means, however, that industrial management must expand its horizons of responsibility. It must recognize that it can no longer confine its activities to the mere production of goods and services. It must consider the impact of its operation on the economy as a whole in relation to the social and economic welfare of the entire community. For years I have preached this philosophy. Those charged with great industrial responsibility must become industrial statesmen."
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Businesspeople from the United StatesMechanical engineersPhilanthropists from the United StatesPeople from New HavenBusiness theorists from the United States
Original Language: English
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p. 358; Also in Sloan & Sparkes (1941, 145); Partly cited in: (1997, p. 83)
https://en.wikiquote.org/wiki/Alfred_P._Sloan
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Alfred P. Sloan
Alfred Pritchard Sloan, Jr. (May 23, 1875 – February 17, 1966) was an American business executive in the . He was a long-time President, chairman and CEO of .
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