Saturday, June 6, 2009
Quote of the Day
“A company’s foremost responsibility is to do well. That may sound politically incorrect, but the reason is inexorable. Winning companies create jobs, pay taxes and strengthen the economy. Winning companies, in other words, enable social responsibility, not the other way around. And so, right now–as always–companies should be putting profitability first. It’s the necessity that makes every other necessity possible…every company must face reality. You have to make money first to give it away.”
–Jack and Suzy Welch, writing in BusinessWeek’s June 1st issue.
