In simple terms, Ross Perot's statement emphasizes that business success goes beyond merely closing deals or transactions. It highlights the importance of having high-quality products, excellent engineering skills, and delivering outstanding service to customers. The essence of this quote lies in understanding that a business should focus on creating value through its products and services rather than solely on financial gains.
Beyond its surface meaning, Perot's quote delves into the intricate relationships that form within businesses and between companies and their clients. These connections are essential for long-term success, as they foster trust, loyalty, and mutual understanding. The idea of a "cobweb of human relationships" suggests that business is not just about numbers or transactions but also involves building and maintaining networks that can support and sustain an organization over time. This interconnectedness highlights the importance of teamwork, collaboration, and community in achieving business goals.
Ross Perot was an American businessman who founded Electronic Data Systems (EDS) in 1962 and later served as an independent presidential candidate during both the 1992 and 1996 elections. His insights into business often reflected his pragmatic approach to management, emphasizing the importance of technology integration and customer service alongside traditional business practices.