Too many companies are running their business into the ground, I would argue, by being myopically short-term focused on the shareholder.
Paul PolmanRead
Participant (Productions) is the only production company in town that has a double bottom line: social good plus financial returns. It's too early to tell how our returns are going to look - though all signs are promising - but social good is what we're really after.
Interpretation
This quote emphasizes the balance between achieving financial success and making a positive social impact.
Jeffrey Skoll highlights the unique approach of Participant Productions, where the goal isn't just to generate profits but also to contribute positively to society. He acknowledges the uncertainty of financial outcomes but stresses the importance of prioritizing social good in their mission, reflecting a commitment to ethical business practices.
In practice
This quote can be used in a business presentation to illustrate the importance of corporate social responsibility.
Too many companies are running their business into the ground, I would argue, by being myopically short-term focused on the shareholder.
Zoom does not focus on revenue goals, but rather we have confidence that focusing on the happiness of existing customers and our employees will organically increase growth.
Brands are all about trust. That trust is built in drops and lost in buckets.
Large organizations don't worship shareholders or customers, they worship the past. If it were otherwise, it wouldn't take a crisis to set a company on a new path.
In the vast majority of businesses, there is simply no such thing as “the best.”
To escape the curse of commoditization, a company has to be a game-changer, and that requires employees who are proactive, inventive and zealous.
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