A Quote by David Maister
Truly visionary and successful companies have discovered that there is no conflict between the pursuit of profit and having a pursuit beyond profit.
Related Quotes
In the foundation and development of a successful enterprise there must be a single-minded pursuit of financial profit.
Today's consumers are eager to become loyal fans of companies that respect purposeful capitalism. They are not opposed to companies making a profit; indeed, they may even be investors in these companies - but at the core, they want more empathic, enlightened corporations that seek a balance between profit and purpose.
While they believe the pursuit of profit is important to sustaining a business, millennials also say that pursuit must be accompanied by a sense of purpose, by efforts to create innovative products or services, and, above all, by consideration of individuals as employees and members of society.
They're out there, this appalling idea that there are companies that profit - not just profit but profit enormously - through war.
The usual reason companies are funded or valued on the stock market for not having a current profit is because the investors believe there will be a future profit.
As business leaders, we should not choose between profit or good; rather, we must choose to profit from good. And that requires connecting what we do with a purpose beyond profit - a reason to exist that meets our shared sense of 'doing good.'
We need to reverse three centuries of walling the for-profit and non-profit sectors off from one another. When you think for-profit and non-profit, you most often think of entities with either zero social return or zero return on capital and zero social return. Clearly, there's some opportunity in the spectrum between those extremes. What's missing is the for-profit finance industry coming in to that area. Look at the enormous diversity of the for-profit financial industry as opposed to monolithic nature of the non-profit world; it's quite astonishing.
Many entrepreneurs embrace profit-making and charitable purposes. Companies such as shoes seller Toms and eyeglass firm Warby Parker sell products at a profit with a pledge to devote part of their earnings to the needy. The number of for-profit businesses with a built-in charitable dimension has proliferated.
The entire pursuit of value investing requires you to see where the crowd is wrong so that you can profit from their misperceptions.
The successful producer of an article sells it for more than it cost him to make, and that's his profit. But the customer buys it only because it is worth more to him than he pays for it, and that's his profit. No one can long make a profit producing anything unless the customer makes a profit using it.
Capitalism might be defined, if we wish to be scientific, as a form of economic organization motivated by the pursuit of profit within a price structure.
Hackers are breaking the systems for profit. Before, it was about intellectual curiosity and pursuit of knowledge and thrill, and now hacking is big business.
Much as we don't condone impunity, if pursuit for justice was in conflict with pursuit for peace, peace must prevail.
Perhaps profit isn't everything, but nothing works without profit. Profit is the basis for independent journalism.
There can be no profit in the making or selling of things to be destroyed in war. Men may think that they have such profit, but in the end the profit will turn out to be a loss.
This is business: they don't care about your lyrics;
The better you sell, the better future for their children.
Controversy sells, so they support conflict,
Makes more progress, means more profit.
An artist gets killed, they say they're 'so sorry,'
Meanwhile, they tell you the date of his next project.
What a life...death made them more profit:
Record companies get paid for your drama.
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