Employee Quote by Jeffrey Pfeffer
“We need to reexamine and reassess the purpose of the corporation, and go back to the idea that senior leadership has responsibilities not just to shareholders but also to customers and employees.”
About This Quote
Corporations should prioritize responsibilities to customers and employees, not just shareholders.
In simple terms: Businesses owe duties beyond profit.
Adopt stakeholder‑centric policies.
Themes
Mood
Type
When to use this quote
- strategic planning
- HR policy
- customer service
- investor relations
Key Concepts
Questions to Reflect On
- What changes would you make in your organization?
- How to balance shareholder returns with employee welfare?
Profit pressures may conflict with stakeholder care.