It is much more difficult to measure nonperformance than performance.
Harold S. Geneen Quotes
Every company has two organizational structures: The formal one is written on the charts; the other is the everyday relationship of the men and women in the organization.
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| Birth: | 22nd January, 1910 |
| Death: | 21st November, 1997 |
| Nationality: | American |
| Profession: | Businessman |
About
Harold "Hal" Sydney Geneen was born in Bournemouth, England. He was an American businessman most famous for serving as president of the ITT Corporation. He studied accounting at New York University. Between 1956–1959 he was senior vice president of Raytheon. From 1959–1977 he was the president and CEO of International Telephone and Telegraph Corp. He grew the company from a medium-sized business with $765 million sales in 1961 into multinational conglomerate with $17 billion sales in 1970. He extended its interests from manufacturing of telegraph equipment into insurance, hotels, real estate management and other areas.
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