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.
Screw the competition - focus on good customer service.
A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.
The extravagance of any corporate office is directly proportional to management's reluctance to reward the shareholders.
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.
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.
The game business reinvents itself every five years.
Subscribe for the occasional hand-picked quote. No noise.