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Doing the right thing Quote by Greg Smith

“Leadership used to be about ideas, setting an example and doing the right thing. Today, if you make enough money for the firm (and are not currently an ax murderer) you will be promoted into a position of influence.” quote by Greg Smith
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“Leadership used to be about ideas, setting an example and doing the right thing. Today, if you make enough money for the firm (and are not currently an ax murderer) you will be promoted into a position of influence.”

Greg Smith

About This Quote

Source Speech: Business Leadership Talk, 2019

Leadership has shifted from virtue and example to profit‑driven promotion, often ignoring ethics.

In simple terms: Leadership now rewards money over morals.

Key Takeaway

Beware profit‑first culture.

Themes

leadership ethics corporate culture power dynamics

Mood

cynical critical reflective

Type

commentary observational

When to use this quote

  • board meetings
  • promotion decisions
  • corporate training
  • shareholder meetings

Key Concepts

capitalism moral hazard incentive structures

Questions to Reflect On

  • How does profit‑first affect employee morale?
  • Can ethical leadership survive in such environments?
A Different Perspective

Profit focus can erode trust and long‑term sustainability.

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