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.””
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.
Consider the cost of ignoring staff.
Themes
Mood
Type
When to use this quote
- mergers
- outsourcing
- cost cutting
- leadership decisions
Key Concepts
Questions to Reflect On
- Is profit worth sacrificing people?
- How can margins improve without staff cuts?
Prioritizing profit over people can damage culture and sustainability.