David Packard: Company

David Packard was American electrical engineer, co-founder of Hewlett-Packard, businessman, U.S. Deputy Secretary of Defense, philanthropist, recipient of Presidential Medal of Freedom. Explore interesting quotes on company.
David Packard: 12   quotes 1   like

“Set out to build a company and make a contribution, not an empire and a fortune.”

David Packard

Source: Bill & Dave, 2007, p. 394

“The best company management is one that combines a sense of corporate greatness and destiny, with empathy for - and fidelity to - the average employee.”

David Packard

Source: Bill & Dave, 2007, p. 393

Sense

“I want to discuss why a company exists in the first place. In other words, why are we here? I think many people assume, wrongly, that a company exists simply to make money. While this is an important result of a company’s existence, we have to go deeper and find the real reasons for our being.... Purpose (which should last at least 100 years) should not be confused with specific goals or business strategies (which should change many times in 100 years). Whereas you might achieve a goal or complete a strategy, you cannot fulfill a purpose; it’s like a guiding star on the horizon—forever pursued but never reached. Yet although purpose itself does not change, it does inspire change. The very fact that purpose can never be fully realized means that an organization can never stop stimulating change and progress.”

David Packard

David Packard (1960) cited in: Bruce Jones. "The Difference Between Purpose and Mission." in Harvard Business Review, Feb. 02, 2016.

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