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David Packard

David Packard Biography

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“People, materials, facilities, money, and time are the resources available to us for conducting our business. By applying our skills, we turn these resources into useful products and services. If we do a good job, customers pay us more for our products than the sum of our costs in producing and distributing them. This difference, our profit, represents the value we add to the resources we utilize.”

PeopleIfsJobsValuesTurnsDifferencesPayMaterialsProductsCostSkillsResourcesAddProfitAvailableCustomersGood JobFacilityConducting
Author:David Packard
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“Avoid openly trying to reform people. Every man knows he is imperfect, but he doesn't want someone else trying to correct his faults. If you want to improve a person, help him embrace a higher working goal-a standard, an ideal-and he will do his own 'making over' far more effectively than you can do it for him.”

PeopleIfsKnowsMenWantTryingPersonsHelpingGoalCan DoInspiringHigherStandardsIdealsEmbraceFaultsEvery ManReformImperfectYou Can Do It
Author:David Packard
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