The organization cannot trust the individual; the individual must trust the organization.
Ray KrocRead
Look after the customer and the business will take care of itself
Interpretation
Focusing on customer needs leads to business success.
This quote emphasizes that prioritizing customer satisfaction is fundamental to the success of a business. When businesses concentrate on serving their customers well, they create loyalty, which in turn sustains and grows the business organically without needing extensive marketing efforts.
In practice
In a business seminar while discussing customer service strategies.
The organization cannot trust the individual; the individual must trust the organization.
The two most important requirements for major success are: first, being in the right place at the right time, and second, doing something about it.
Achievement must be made against the possibility of failure, against the risk of defeat. It is no achievement to walk a tightrope laid flat on the floor. Where there is no risk, there can be no pride in achievement and, consequently, no happiness. The only way we can advance is by going forward, individually and collectively, in the spirit of the pioneer. We must take the risks involved in our free enterprise system. This is the only way in the world to economic freedom. There is no other way.
You're only as good as the people you hire.
I HAVE ALWAYS believed that each man makes his own happiness and is responsible for his own problems.
I never considered my dreams wasted energy; they were invariably linked to some form of action. When I dreamed about having a lemonade stand, for example, it wasn't long before I set up a lemonade stand.
Conscious means "having an awareness of one's inner and outer worlds; mentally perceptive, awake, mindful." So "conscious business" might mean, engaging in an occupation, work, or trade in a mindful, awake fashion. This implies, of course, that many people do not do so. In my experience, that is often the case. So I would definitely be in favor of conscious business; or conscious anything, for that matter.
Entrepreneurs say in an economic boom it's actually hard to build a company because everybody's too excited and there is too much money funding too many marginal companies.
The game business reinvents itself every five years.
Power is winning the battle over who owns the customer: the brand or the retailer.
One thing more dangerous than getting between a grizzly sow and her cub is getting between a businessman and a dollar bill.
When a company or an individual compromises one time, whether it's on price or principle, the next compromise is right around the corner.
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