Adding value Quote by Arthur Levitt Jr
“Today it's fashionable to talk about the New Economy, or the Information Economy, or the Knowledge Economy. But when I think about the imperatives of this market, I view today's economy as the Value Economy. Adding value has become more than just a sound business principle; it is both the common denominator and the competitive edge.”
About This Quote
Source Speech: Business Conference, 2015
The modern market should be seen as a Value Economy, where creating value outweighs traditional economic labels and drives competitive advantage.
In simple terms: Modern market is a Value Economy, value creation is key.
Key Takeaway
Focus on creating value.
Themes
economics
strategy
innovation
Mood
inspirational
strategic
Type
philosophical
motivational
When to use this quote
- business planning
- product development
- investment decisions
Key Concepts
value creation
competitive advantage
market theory
Questions to Reflect On
- How can you measure value beyond profit?
- What practices embed value creation into culture?
A Different Perspective
Value alone may not guarantee profit.
