A Quote by Peter Senge

You go to any MBA program, and you will be taught the theory of the firm, that the purpose of the firm is the maximization of return on invested capital. I always thought this was a kind of lunacy.

Peter Senge

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Always Any Capital Firm Go Invested Kind Lunacy Mba Program Purpose Return Taught Theory Thought Will

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Peter Senge
American - Scientist
Born: 1947

I often say Policy Planning is very analogous to a venture capital firm. A venture capital firm sees an interesting idea and puts money behind it; in Policy Planning, we look for promising ideas and then put contacts and relationships behind it.

Jared Cohen

[on the theory of the firm] It is exactly analogous to the analysis of the reactions of a consumer by means of indifferent curves. Indeed, a consumer is merely a 'firm' whose product is 'utility.'

Kenneth E. Boulding

Absolutely, at a macro-level, I want our firm to be a purpose-led firm. This notion of making an impact that matters, I want that embedded in whatever we do.

Punit Renjen

A talented executive whose interests are aligned with the firm's and is confident in her role will always recruit stars who exceed herself in various ways, but one who is worried about her value to the firm will not.

Joe Lonsdale

The CEO announces that the purpose of the firm is to improve the lives of the customers and the lives of the firm's stakeholders and the quality of the planet. The company will give fair compensation to all the stakeholders and the CEO will not earn more than 20 times the median income of his employees. He will want his employees to rate him, just as he also has to rate them.

Philip Kotler

I grew up in Chicago, but for the last 28 years I've lived in Moscow and London, and am now a British citizen. From 1996 to 2005, my firm, Hermitage Capital, was one of the largest investment advisers in Russia with more than $4 billion invested in Russian stocks.

Bill Browder

Does a firm persuasion that a thing is so, make it so?" He replied, "All poets believe it does. And in ages of imagination, this firm persuasion removes mountains; but many are not capable of firm persuasion of anything.

William Blake

A firm, therefore, consists of the system of relationships which comes into existence when the direction of resources is dependent on an entrepreneur... As a firm gets larger, there may be decreasing returns to the entrepreneur function, that is, the costs of organising additional transactions within the firm may rise.

Ronald Coase

Technology, under all circumstances, leads to planning; in its higher manifestations it may put the problems of planning beyond the reach of the industrial firm. Technological compulsions, and not ideology or political will, will require the firm to seek the help and protection of the state.

John Kenneth Galbraith

Baker has done it again! Building on the core principles that he advanced in Professional's Guide to Value Pricing and The Firm of the Future, Ron Baker has again evolved thought leadership on the critical dynamics of value and pricing. Baker's latest work, Pricing on Purpose: Creating and Capturing Value, provides real-world examples and practical strategies that provide a framework for pricing optimization. His clarity of purpose and passionate call to action resonates in today's intellectual capital economy.

Thomas Finneran

To see how much a company is truly earning on the capital it deploys in its businesses, look beyond EPS to Return on Invested Capital (ROIC).

Benjamin Graham

I was always taught that a woman's place was in the kitchen, barefoot and pregnant. And I'm a firm believer in that.

Jeff Jarrett

I always looked across the tunnel in Old Firm games and fancied our chances but there's a big difference between that and knowing you're going to win. There's so many things can happen in an Old Firm game.

Ally McCoist

'Facts, facts, facts,' cries the scientist if he wants to emphasize the necessity of a firm foundation for science. What is a fact? A fact is a thought that is true. But the scientist will surely not recognize something which depends on men's varying states of mind to be the firm foundation of science.

Gottlob Frege

I hope I come across as supportive and encouraging as well as being firm when I need to be firm.

Adriano Zumbo

The story started over a decade ago when I ran Hermitage Capital Management, the largest investment firm in Russia. I was very successful, but when I started to complain publicly about corruption at the companies in which my fund invested, President Vladimir Putin had me expelled from the country and declared a threat to national security.

Bill Browder

A Quote by Peter Senge

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