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The key word there is "solely." If your company only exists to make money, it will tend toward a state that doesn't create real value. It will be a company of
by ansy 15y ago
The key word there is "solely."
If your company only exists to make money, it will tend toward a state that doesn't create real value. It will be a company of charlatans.
The quote needs to be taken in context with the other quotes. The message is that companies need to aim for a higher purpose. This isn't just philanthropic white-washing, but this grounds the company and forces it to understand people and society. From that understanding the company can serve its customers better which is the true path to profitability.