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.”
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.
Promote accountability and flexibility.
Themes
Mood
Type
When to use this quote
- business management
- policy making
- team projects
Key Concepts
Questions to Reflect On
- How can organizations stay flexible?
- What checks prevent hidden errors?
Overemphasis on structure can hinder innovation.