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Combination does not produce though mergers and…

“Combination does not produce though mergers and combinations are still the accepted panacea. In Big business there appears to be increasing aridity, bureaucracy, and stultifying sacrifice of initiative and above all fear.” quote by Reginald Fessenden
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“Combination does not produce though mergers and combinations are still the accepted panacea. In Big business there appears to be increasing aridity, bureaucracy, and stultifying sacrifice of initiative and above all fear.”

Reginald Fessenden

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Mergers often fail to generate true innovation; bureaucracy and fear suppress initiative.

In simple terms: Mergers hinder innovation; fear blocks initiative.

Key Takeaway

Encourage autonomy over rigid structures.

Themes

innovation bureaucracy fear initiative

Mood

analytical critical

Type

strategic philosophical

When to use this quote

  • corporate mergers
  • startup culture
  • policy making

Key Concepts

organizational behavior economics

Questions to Reflect On

  • How can firms foster initiative?
  • What alternatives to mergers exist?
A Different Perspective

Change resistance may stall reforms.

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