Skip to content

Accountability Quote by Margaret Thatcher

“All corporatism – even when practised in societies where hard work, enterprise and cooperation are as highly valued as in Korea – encourages inflexibility, discourages individual accountability, and risks magnifying errors by concealing them.” quote by Margaret Thatcher
Download Open image
“All corporatism – even when practised in societies where hard work, enterprise and cooperation are as highly valued as in Korea – encourages inflexibility, discourages individual accountability, and risks magnifying errors by concealing them.”

Margaret Thatcher

About This Quote

Source Speech: Public address, date unknown

Corporatism can create rigidity, reduce personal responsibility, and hide mistakes, worsening errors.

In simple terms: Corporatism may stifle flexibility and accountability.

Key Takeaway

Promote accountability and flexibility.

Themes

corporatism accountability error concealment

Mood

critical analytical

Type

political economic

When to use this quote

  • business management
  • policy making
  • team projects

Key Concepts

organizational behavior economics leadership

Questions to Reflect On

  • How can organizations stay flexible?
  • What checks prevent hidden errors?
A Different Perspective

Overemphasis on structure can hinder innovation.

4.1 out of 5 (7 ratings)

More by Margaret Thatcher

Explore all 539 Margaret Thatcher quotes

More Accountability quotes

Browse all 851 Accountability quotes