Friendship is the only thing in the world concerning the usefulness of which all mankind are agreed.
Marcus Tullius CiceroRead
To those who are engaged in commercial dealings, justice is indispensable for the conduct of business.
Interpretation
Justice is essential for fair business practices.
Marcus Tullius Cicero emphasizes the importance of justice in commerce, suggesting that ethical standards and fairness are vital for successful business operations. Without justice, businesses cannot thrive, as trust and integrity are foundational to any commercial dealings.
In practice
During a business ethics seminar to highlight the importance of fairness.
Friendship is the only thing in the world concerning the usefulness of which all mankind are agreed.
Those wars are unjust which are undertaken without provocation. For only a war waged for revenge or defence can actually be just.
Orators are most vehement when their cause is weak.
Nothing contributes to the entertainment of the reader more, than the change of times and the vicissitudes of fortune.
No one has the right to be sorry for himself for a misfortune that strikes everyone.
Advice in old age is foolish; for what can be more absurd than to increase our provisions for the road the nearer we approach to our journey's end.
China is very entrepreneurial but has no rule of law. Europe has rule of law but isn't entrepreneurial. Combine rule of law, entrepreneurialism and a generally pro-business policy, and you have Apple.
It's not about me, it's about you, the customer. And if I am effective in making what I do about you, and I can enhance you and elevate you, you will support me forever.
Business is what concerns us. If you care about something enough to do something about it, you're in business
Companies, in fact, are specifically organized to under-invest in disruptive innovations! This is one reason why we often suggest that companies set up separate teams or groups to commercialize disruptive innovations. When disruptive innovations have to fight with other innovations for resources, they tend to lose out.
The key is to set realistic customer expectations, and then not to just meet them, but to exceed them - preferably in unexpected and helpful ways.
The concept of disruption is about competitive response; it is not a theory of growth. It's adjacent to growth. But it's not about growth.
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