Best practices Quote by Philip Zimbardo
“Companies that model best practices, that model the most upstanding principles, end up as the most profitable. It's not a trade of profits versus principles.”
About This Quote
Source Book: The Lucifer Effect, 2007
Illustrates that ethical behavior and profitability can coexist; moral integrity can be a competitive advantage.
In simple terms: Ethics can boost profits.
Key Takeaway
Integrate strong ethics into business strategy.
Themes
business ethics
profitability
leadership
Mood
thoughtful
inspirational
Type
business
philosophical
When to use this quote
- company training
- policy development
- stakeholder engagement
Key Concepts
ethical advantage
corporate culture
long‑term success
Questions to Reflect On
- Can ethical firms always stay competitive?
- What are the costs of maintaining high standards?
A Different Perspective
May not apply in all market contexts.
![“The [Stanford Prison Experiment] was readily approved by the Human Subjects Research committee because it seemed like college kids playing cops and robbers, it was an experiment that anyone could quit at any time and minimal safeguards were in place. You must distinguish hind sight from fore…” quote by Philip Zimbardo](https://sms4smile.com/quotes/img-quotes/189/philip-zimbardo-8654_approved_the-stanford-prison-experiment-was-readi_274049.jpg)
