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Business Quote by Ken Goldstein

“I don’t want other companies, I want this one,' insisted Seidelmeyer. 'I want all of their revenue and none of their people.' 'None of their people?' echoed Feretti. 'That’s good margin.” quote by Ken Goldstein
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““I don’t want other companies, I want this one,' insisted Seidelmeyer. 'I want all of their revenue and none of their people.' 'None of their people?' echoed Feretti. 'That’s good margin.””

Ken Goldstein

About This Quote

Source Interview: Business Strategy Podcast, 2022

A leader wants the revenue of a company without its staff, highlighting a desire for high profit margins while ignoring the human element.

In simple terms: Want profit without people.

Key Takeaway

Consider the cost of ignoring staff.

Themes

business ethics profitability

Mood

critical analytical

Type

strategic ethical

When to use this quote

  • mergers
  • outsourcing
  • cost cutting
  • leadership decisions

Key Concepts

margin focus human capital corporate strategy

Questions to Reflect On

  • Is profit worth sacrificing people?
  • How can margins improve without staff cuts?
A Different Perspective

Prioritizing profit over people can damage culture and sustainability.

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