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
What this quote means
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.
Themes
BusinessShareholderLong-TermSustainabilityProfits
In practice
Example use cases
In a business conference discussing sustainable practices, you might quote Paul Polman to emphasize the importance of long-term strategies.
More from Paul Polman
All quotes βI 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.
Paul PolmanRead
Let's work together to make our economies strong and our climate sustainable. It can be done.
Paul PolmanRead
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.
Paul PolmanRead
Permissible growth in the future has to be based on sustainable and equitable models.
Paul PolmanRead
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.
Paul PolmanRead
Similar quotes
Screw the competition - focus on good customer service.
Richard BransonRead
A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.
Jeff BezosRead
The extravagance of any corporate office is directly proportional to management's reluctance to reward the shareholders.
Peter LynchRead
The rules of engagement around building a brand have changed significantly over the past 10 to 15 years. Where companies at one time could spread their message through traditional marketing, consumers now seek an enduring emotional connection with the companies they patronize. The foundation of that connection is the most important characteristic of building a world-class brand: trust. Trust with your people and trust with your customers.
Howard SchultzRead
The NBA is never just a business. It's always business. It's always personal. All good businesses are personal. The best businesses are very personal.
Mark CubanRead
The game business reinvents itself every five years.
Nolan BushnellRead