This Italian company pioneered innovative startup culture, in the 1930s
A politician, as well as a chemical engineer and entrepreneur, Olivetti had a philosophical view of entrepreneurship, one that put people and communities at the center of a business. He was a firm believer in the competitive advantage of treating workers fairly and investing in their wellbeing. Andrea Granelli, president of Associazione Archivio Storico Olivetti (Olivetti’s historic archive association), told Quartz “the profits from sales were invested in innovation, expansion, higher salaries, social services.”
Looking back at the rise and fall of Adriano Olivetti’s vision for sustainable and socially responsible entrepreneurship is both depressing and extremely inspiring at the same time. So many lessons to learn from that experience.
via qz.com