The cake

Investments

Employment

Salary

Bottom line

"If the company earns more, we will be able to pay more to our workers!"

"How will the company earn more?"

"We will pay less to our workers."

Individual freedom

"Why, yes, I firmly believe in freedom for the individual."

"I wanted to discuss that, boss. You see, about my having to wear this to not be fired..."

"I am totally free to establish that condition. You don't intend to restrict me, do you?"

Interference

"This gentleman voluntarily wants to sell me his liver because the salary we negotiated freely and without coaction is not enough to feed his children. But the state won't allow it! Now, because of this state interference in the private agreements between particular individuals, those poor kids will go hungry. It's outrageous!"

Work

"Be advised, sir, that this company considers hard work to be something that lifts and ennobles the human creature, and we are not willing to debase and corrupt such a precious thing by offering for it something as lowly as money."

Labor policy

"But, Mr. inspector... I have five hundred employees! If I have to give every one of them a paycheck, I'll go out of business and they'll all be jobless! Is that what the state wants? Generate unemployment?"

Theory and practice

According to Levinthal and March (1993), few firms are successful at simultaneously developing both radical and incremental knowledge, primarily due to limited resources within the firm. Explicitly focusing on either exploration or exploitation as a means of enhancing the knowledge base generally implies not focusing on the other approach. As researchers (e.g., Hedlund, 1994; Schildt, Maula, & Keil, 2005; Volberda, 1996) have pointed out, focusing on radically new knowledge and focusing on incrementally enhancing a current knowledge base often require very different types of organizational cultures, capabilities, and structures…

"Welcome aboard! We are pleased to have someone with your academic credentials working for us."

"Thank you."

"Every new employee is asked to read this book. Please read it."

Once, long ago in a land far away, there lived four little characters who ran through a Maze looking for cheese to nourish them and make them happy.

Two were mice, named “Sniff” and “Scurry”, and two were Littlepeople — beings who were as small as mice but who looked and acted a lot like people today. Their names were “Hem“ and “Haw.“

"My education didn't prepare me for this."