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Date: | Fri, 7 Jun 2002 13:03:38 EDT |
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Yosef writes:
> Follow up on Malden Mills. The BOD of Malden Mills is trying to force Aaron
> Feuerstein out of running the company. They don't believe that his methods
> are best for the shareholder's bottom line. (My source is a piece I heard
> on WBUR out of Boston.)
In running any business, there is a constant tension between generosity and
hard-nosed realism. The "HP Way" has certainly evolved over the years,
especially in these last few years, to more emphasize the hard-nosed realism
portion of the spectrum.
The question has constantly been of late, could the "HP Way" prosper, or even
survive, in today's business climate? Personally, I don't think anything
fundamental has changed over the last 60 years, and that generosity,
integrity and honor will always come out on top -- given that you are
manufacturing a product that someone wants to buy at a price they can afford.
But don't take that statement to mean that I subscribe in any way to the
notion of limiting your market or your talent pool to just one set of
national boundaries. I don't. Getting the most "bang for your buck" is good
for everyone. We're all in this together, and we'll all prosper together --
or only a very few of us will, for a very short period of time.
Wirt Atmar
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