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The business with high ethical standards has three primary advantages over competitors whose standards are lower

— Marvin Bower The Will to Manage (1966)

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Notes from Wikiquote

A business of high principle attracts high-caliber people more easily, thereby gaining a basic competitive and profit edge. ... | A business of high principle develops better and more profitable relations with customers, competitors, and the general public, because it can be counted on to do the right thing at all times. By the consistently ethical character of its actions, it builds a favorable image. | p. 26

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Business

More quotes by Marvin Bower

A business of high principle generates greater drive and effectiveness because people know that they can do the right thing decisively and with confidence.

The Will to Manage (1966)

A business of high principle attracts high-caliber people more easily, thereby gaining a basic competitive and profit edge.

The Will to Manage (1966)

People should be judged on the basis of their performance, not nationality, personality, education, or personal traits and skills.

The Will to Manage (1966)

Decisions should be based on facts, objectively considered — what I call the fact-founded, thought-through approach to decision making.

The Will to Manage (1966)

I believe that leaders and leadership teams working together in a proper design will run the business more effectively than by hierarchical, command-and-control managing. But I can't prove that. And there are no models.

The Will to Manage (1966)

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Attribution

Quote text and notes from Wikiquote: Marvin Bower (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.