The basic principle which I believe has contributed more than any other to the building of our business as it is today, is the ownership of our company by the people employed in it.
Sentiment: POSITIVE
Most people have a very strong sense of organizational ownership, but I think what people have to own is an innovation agenda, and everything is shared in terms of the implementation.
Our company is built on people - those who work for us, and those we do business with.
A principle is a principle, and God created all the principles.
A business of high principle generates greater drive and effectiveness because people know that they can do the right thing decisively and with confidence.
Principle says it's not who put forth an idea. It's not the position of the person who put forth an idea; it's not the longevity of the person or the party of the person. That's not what it is at all. In a power system, that's the way it works. But in a principle system, it's what it says.
The value of a principle is the number of things it will explain.
Business principles are only as good as the practices that back them up.
If a company is profitable, the founder is in control. If it's not, investors are in control.
A principle is the expression of perfection, and as imperfect beings like us cannot practise perfection, we devise every moment limits of its compromise in practice.
The most useful thing about a principle is that it can always be sacrificed to expediency.