Accept business only at a price permitting thoroughness. Then do a thorough job, regardless of cost to us.
Arthur C. NielsenRead
Be influenced by nothing but your clients' interests. Tell them the truth.
Interpretation
Focus on serving your clients' needs and be honest with them.
This quote emphasizes the importance of prioritizing clients' interests above all else and maintaining transparency and honesty in those interactions. Arthur C. Nielsen advocates for a client-centered approach in business, suggesting that success and trust are built by putting the needs of customers first and communicating with integrity.
In practice
In a business seminar, you could use this quote to emphasize ethical practices.
Accept business only at a price permitting thoroughness. Then do a thorough job, regardless of cost to us.
My own view is that every company requires a long-term view.
The reality is the Lean Startup method is not about cost, it is about speed. Lean startups waste less money, because they use a disciplined approach to testing new products and ideas.
He that would run his company on visible figures alone will in time have neither company nor figures.
There is one and only one social responsibility of business - to use it resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.
At first, we couldn't be establishment, because we didn't have any money. We were guerrilla marketers, and we still are, a little bit. But, as we became No. 1 in our industry, we've had to modify our culture and become a bit more planned.
Virtually every company will be going out and empowering their workers with a certain set of tools, and the big difference in how much value is received from that will be how much the company steps back and really thinks through their business processes, thinking through how their business can change, how their project management, their customer feedback, their planning cycles can be quite different than they ever were before.
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