Angle Quote by Price Pritchett
“The question is, when so many others cut corners, shave the truth, self-deal, believe in the fast buck, and follow the crowd along the low road of least resistance, can we even afford to travel the high road of ethical behavior? Frankly, we can't afford anything else. Any other competitive angle is a pure crapshoot in today's business world. Companies with shaky ethics and shabby standards will be crippled as they try to compete in our changing world.”
About This Quote
Source Speech: Business Ethics Talk, 2015
Choosing ethical conduct over shortcuts may seem costly, but it ensures long‑term resilience and trust in a competitive market.
In simple terms: Ethics may cost more now but protect future success.
Prioritize integrity over short‑term gains.
Themes
Mood
Type
When to use this quote
- strategic planning
- leadership decisions
- brand management
- risk assessment
Key Concepts
Questions to Reflect On
- How can firms measure the long‑term value of ethics?
- What incentives encourage ethical behavior?
Ethical choices can reduce short‑term profits and face internal resistance.