Business Quote by Anuj Somany
“An organisation creating a huge employment opportunities but engaging in no philanthropic activities is doing greater yeomans service to the society than a business group doling out a huge sum of money to various charitable firms, but not increasing and rather downsizing human resource in its companies.”
About This Quote
A company that creates jobs but ignores philanthropy may contribute more to society than a wealthy firm that donates money but reduces its workforce.
In simple terms: Job‑creating firms can have greater social impact than charitable donors that cut jobs.
Prioritize sustainable employment over short‑term donations.
Themes
Mood
Type
When to use this quote
- business strategy
- HR policy
- CSR planning
- community development
- investment decisions
Key Concepts
Questions to Reflect On
- How can businesses balance profit, employment, and philanthropy?
- What metrics best capture social contribution?
Charitable donations still provide essential services that job creation alone may not address.