Archive for November 19, 2012

STEVE JOBS VS. SAM WALTON

Fortune has a fascinating article contrasting Apple’s Steve Jobs and WalMart’s Sam Walton, based on interviews with two men who knew them: Walter Isaacson, author of Steve Jobs, and John Huey, author of Sam Walton: Made In America. Brief Excerpt:

Isaacson: Steve knew how to open a store too, and he was a showman too. But there was a basic and fundamental distinction. Steve was focused on product and did not focus mainly on profit. He said, “If you keep your eye on the profit, you’re going to skimp on the product.