It is a beautiful and often overlooked truth that most corporations—like arts organizations —are the result of someone’s imagination and desire to serve people. An individual or a few people dedicate their efforts to inventing something that can make people’s lives easier or create opportunities.
A man concocts a syrup recipe that can alleviate headaches and stomach pains. This becomes Coca-Cola. The enterprising Wright brothers dream of a flying machine that can take people anywhere. Their innovation leads to the creation of the airline industry. An immigrant from Italy uses his own money to provide loans to Italians in San Francisco turned down by other banks. This becomes the Bank of America. Read the rest of this entry »