The late Alfred P. Sloan, ...

The late Alfred P. Sloan, Ir., long-time executive of General Motors Corporation, had a fivepoint "secret of success." It was: 1. Get the facts. 2. Recognize the equities of all concerned. 3. Realize the necessity of doing a better job every day. 4. Keep an open mind. 5. Work hard.
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 Alfred P. Sloan

Quotes from the same author

Competition is the final price determinant and competitive prices may result in profits which force you to accept a rate of return less than you hoped for, or for that matter to accept temporary losses
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 Alfred P. Sloan
[Could] motor cars could be produced [in a country like Germany] and sold in competition in the American market . . . .In my opinion it is impossible to reach the conclusion that competition from without can ever be any factor whatsoever?
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 Alfred P. Sloan
It is impossible to get the measure of what an individual can accomplish unless the responsibility is given him.
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 Alfred P. Sloan
In any organization men would move up form the bottom to the top. That develops loyalty, ambition and talent, because there is a chance for promotion.
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 Alfred P. Sloan