William Smithsburg, Chairman Of Quaker Oats, took responsibility for two "mistakes" - the acquisition of a video business he has since closed down, and a pet-accessory business he bought and had to write off.He told his employees:"I want you to take risks.There isn't one senior manager in this company who hasn't been associated with a product that flopped.That includes me.It's like learning to ski.If you are not falling down you're not learning."
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Saturday, July 25, 2009
Don't Even Think About Failing!
William Smithsburg, Chairman Of Quaker Oats, took responsibility for two "mistakes" - the acquisition of a video business he has since closed down, and a pet-accessory business he bought and had to write off.He told his employees:"I want you to take risks.There isn't one senior manager in this company who hasn't been associated with a product that flopped.That includes me.It's like learning to ski.If you are not falling down you're not learning."
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