Carrier Context:
History
The company that was founded in 1915 with $32,600 of capital from the original seven investors, had 1995 sales of $5.1 billion. Someone must have done something right from the start.
Edward T. Murphy, one of the original seven, described what he felt were the reasons for the company's success:
We had faith and enthusiasm in our enterprise, with loyalty to each other and to a common cause.
We had courage and vision to seize opportunity when it appeared.
We supplemented each other in all phases of an intricate business.
We had a superior product, applied with sound engineering.
We had a product that was needed in industry and took on the responsibility of leadership by continuous improvement in the product and in the broadening of the product's applications.
We held steadfastly to a high standard of integrity in our products, in our engineering methods, and in our financial dealings with others.
It would seem also that we had fate on our team. Perhaps it was because we had selected a business that contributes to better health and living for people by which a real service is rendered to mankind.
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