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Blessed Quote by Azim Premji

“If one has been blessed or have been fortunate enough to have got much more than normal wealth, it is but natural that one expects a certain fiduciary responsibility in terms of how that wealth is applied, used and leveraged for purposes of society.” quote by Azim Premji
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“If one has been blessed or have been fortunate enough to have got much more than normal wealth, it is but natural that one expects a certain fiduciary responsibility in terms of how that wealth is applied, used and leveraged for purposes of society.”

Azim Premji

About This Quote

Source Speech: Corporate Social Responsibility Forum, 2018

Wealth creates an obligation to use resources for societal benefit.

In simple terms: Rich people should help society.

Key Takeaway

Allocate resources to public good.

Themes

wealth responsibility ethics philanthropy

Mood

thoughtful inspirational ethical

Type

philosophical leadership

When to use this quote

  • company profit distribution
  • charitable foundations
  • public policy advocacy

Key Concepts

social impact stakeholder theory resource allocation

Questions to Reflect On

  • What mechanisms ensure wealth is used ethically?
  • How can businesses measure social impact?
A Different Perspective

Balancing profit motives with social duties can be complex.

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