Aim Quote by David Packard
“Profit is not the proper end and aim of management - it is what makes all of the proper ends and aims possible”
About This Quote
Source Speech: Stanford Business School Commencement, 1970
Profit is a means, not the ultimate purpose, enabling broader organizational goals.
In simple terms: Profit enables other goals.
Key Takeaway
Focus on purpose, not profit alone.
Themes
business
ethics
strategy
Mood
pragmatic
inspired
Type
philosophical
business
When to use this quote
- corporate planning
- social entrepreneurship
- non‑profit management
- employee engagement
Key Concepts
stakeholder theory
systems thinking
Questions to Reflect On
- How can profit be aligned with mission?
- What metrics reflect true organizational health?
A Different Perspective
Profit pressure can dominate decisions.
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