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Profitability, growth, and safeguards against existential risks are crucial to strengthening a company's long-term prospects. But if these three factors constitute a company's 'hard power,' firms also need 'soft power': public trust and acceptance, won by fulfilling a company's social responsibility.
If your goal is anything but profitability - if it's to be big, or to grow fast, or to become a technology leader - you'll hit problems.
Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands.
Companies should not have a singular view of profitability. There needs to be a balance between commerce and social responsibility... The companies that are authentic about it will wind up as the companies that make more money.
Money is just a consequence. I always say to my team, 'Don't worry too much about profitability. If you do your job well, the profitability will come.'
Market leadership can translate directly to higher revenue, higher profitability, greater capital velocity, and correspondingly stronger returns on invested capital.
We need to revise our economic thinking to give full value to our natural resources. This revised economics will stabilize both the theory and the practice of free-market capitalism. It will provide business and public policy with a powerful new tool for economic development, profitability, and the promotion of the public good.
Profitability is coming from productivity, efficiency, management, austerity, and the way to manage the business.
Information, accessibility and reachability equals to profitability. Make sure whatever you're selling or whatever service you are offering. People know about it. People can reach it or can access it. That is how you will make profit from it.
If your goal is anything but profitability - if it's to be big or to grow fast or to become a technology leader - you'll hit problems.
Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have and does not need if he can trust the brand. This explains the profitability of brands.
Market leadership can translate directly to higher revenue higher profitability greater capital velocity and correspondingly stronger returns on invested capital.
We expect all our businesses to have a positive impact on our top and bottom lines. Profitability is very important to us or we wouldn't be in this business.
Women are the real reason we get up every day. I'm talking about real men. If there were no women, I would not even have to bathe, because why would I care? These are guys I'm hanging with. I wake up for a woman every day of my life to make it happen for her.
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