Sustainability makes good business sense, and we're all on the same team at the end of the day. That's the truth about the human condition.
Paul PolmanRead
Too many companies are running their business into the ground, I would argue, by being myopically short-term focused on the shareholder.
Interpretation
Focusing solely on immediate shareholder profits can harm a company's long-term success.
In this quote, Paul Polman highlights the detrimental effects of prioritizing short-term shareholder profits over sustainable business practices. He argues that many companies are failing to thrive because they are narrowly concentrated on immediate financial returns, neglecting the broader implications of their strategies that could lead to better outcomes in the future.
In practice
In a business conference discussing sustainable practices, you might quote Paul Polman to emphasize the importance of long-term strategies.
Sustainability makes good business sense, and we're all on the same team at the end of the day. That's the truth about the human condition.
I think the most important thing is to achieve what you set out to achieve. Just being a CEO in itself is not success. I would not relate success to a title or a position.
Let's work together to make our economies strong and our climate sustainable. It can be done.
I discovered a long time ago that if I focus on doing the right thing for the long term to improve the lives of consumers and customers all over the world, the business results will come.
Permissible growth in the future has to be based on sustainable and equitable models.
The young give us hope because young people are certain their best days still lie ahead - which explains why they're absolutely convinced they can change the world for the better.
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.
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.
When a company identifies how to integrate the processes needed to give the consumer a sense of job completion, it can blow away the competition. A product is easy to copy, but experiences are very hard to replicate.
Let advertisers spend the same amount of money improving their product that they do on advertising and they wouldn't have to advertise it.
Business today consists in persuading crowds.
Accounting is the language of business.
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