4 ms·
I agree, and am reminded of the quote from Thomas Watson (IBM) on this: “Recently, I was asked if I was going to fire an employee who made a mistake that cost
by qeorge 12y ago
I agree, and am reminded of the quote from Thomas Watson (IBM) on this:
“Recently, I was asked if I was going to fire an employee who made a mistake that cost the company $600,000. No, I replied, I just spent $600,000 training him. Why would I want somebody to hire his experience?”
- tedunangst 12y agoAlmost certainly apocryphal. There are multiple versions of the quote floating around. Also: Who was Watson talking to? How did this story get from him to us?
- michaelcampbell 12y agoI heard the exact same story in a Wall St. trading firm I worked for - except the story was about a trade gone wrong (trades X shares instead of $X worth of shares, causing the Dow to slide and all sorts of havok).
- smackfu 12y agoIt just sounds like an anecdote someone would use during a talk.
- CurtMonash 12y agoThere's a pretty credible one about AOL's board not firing Steve Case after spending $5 million on him. (For those who have forgotten, Steve didn't actually found AOL; he was brought in from the outside.)