Few executives can afford the luxury of a conscience. A business that defined right and wrong in terms that would satisfy a well-developed contemporary conscience could not survive. When the directors and managers enter the board room to debate policy, they park their private consciences outside. If they didn't they would fail in their responsibility to the company that pays them.
The crucial que...
2. The Road to Success Is Bumpy
Illustration
Dan Miller
You may have heard the story of how Walt Disney arrived in Los Angeles with forty dollars in his pocket and experienced bankruptcy multiple times before Mickey Mouse arrived to save the day. Mr. Disney and never-say-die entrepreneurs like him recognize that three steps forward and two steps back still have a net result of one step of progress. Michael Bloomberg (former mayor of New York City), Lar...
