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Original Source Material

Student Version $($written in $2002)$

Merck, in fact, epitomizes the ideological nature$--$the pragmatic idealism$--$of highly visionary companies. Our research showed that a fundamental element in the "ticking clock" of a visionary company is a core ideology$-$core values and a sense of purpose beyond just making money$--$that guides and inspires people throughout the organization and remains relatively fixed for long periods of time.

References:

Collins, J$.$ C$.,$ & Porras, J$.$ I. $(2002).$ Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

Merck is one of world's biggest pharmaceutical companies. It originated in Germany late in the seventeenth century with operations in the United States starting in the late nineteenth century. As a business, Merck pursues profitable ventures; however, they have established an impressive track record of charitable giving with hundreds of millions in donations.