Right Quote by Sergio Ermotti
“When you start to get shareholders, clients, employees, rating agencies, and everybody converging, and then your competitors bad-mouth you, you know you did the right thing.”
About This Quote
Source Speech: 2020, Annual Shareholder Meeting, UniCredit
When competitors criticize you after gaining broad stakeholder support, it signals you have made a strong, successful move.
In simple terms: Criticism from rivals can confirm success.
Embrace criticism as a sign of impact.
Themes
Mood
Type
When to use this quote
- corporate strategy
- public relations
- industry analysis
- leadership training
Key Concepts
Questions to Reflect On
- How can you differentiate constructive from destructive criticism?
- What steps ensure continued stakeholder confidence?
Criticism may also indicate genuine flaws to address.