A young executive had made some bad decisions that cost the company several million dollars. He was summoned to Watson’s office (Tom Watson Jr., CEO of IBM between 1956 and 1971) , fully expecting to be dismissed. As he entered the office, the young executive said, “I suppose after that set of mistakes you will want to fire me.” Watson said,
“Not at all, young man, we have just spent a couple of million dollars educating you.”
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