Business Quote by Richard Edelman
“In the wake of the Great Recession, most business leaders have tended to focus on their enterprise and short-term performance. The time for that narrow focus is over.”
About This Quote
Source Article: Business Strategy after the Great Recession, 2010
Leaders must shift from short‑term profit focus to long‑term resilience and purpose.
In simple terms: Look beyond immediate gains.
Key Takeaway
Prioritize sustainable growth.
Themes
leadership
strategy
resilience
purpose
long‑term planning
Mood
reflective
determined
Type
advisory
strategic
When to use this quote
- corporate planning
- crisis recovery
- innovation
- employee engagement
Key Concepts
systems thinking
stakeholder capitalism
Questions to Reflect On
- How can you embed purpose in daily operations?
- What metrics reflect long‑term health?
A Different Perspective
Short‑term pressure can still dominate decisions.
![“Let's stop for a second and remember where we were eight years ago [in 2008]. We had the worst financial crisis, the Great Recession, the worst since the 1930s. That was in large part because of tax policies that slashed taxes on the wealthy, failed to invest in the middle class, took their eyes…” quote by Hillary Clinton](https://sms4smile.com/quotes/img-quotes/945/hillary-clinton-51_1930s_let-s-stop-for-a-second-and-remember-whe_3099032.jpg)
![“We are headed for a much morse financial crisis than the one we experienced in '08 [2008] and we are headed for a much greater recession than we lived through following that crisis; the one we called the Great Recession. And what's going to make it so much worse is, it's going to be inflationary…” quote by Peter Schiff](https://sms4smile.com/quotes/img-quotes/201/peter-schiff-8095_bailout_we-are-headed-for-a-much-morse-financial_1627972.jpg)
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)