Quotessence
Home / Quotes / Quote by Andrew Carnegie

Quote by Andrew Carnegie

“The only irreplaceable capital an organization possesses is the knowledge and ability of its people. The productivity of that capital depends on how effectively people share their competence with those who can use it.”

Quote by Andrew Carnegie

Author

Andrew Carnegie
Andrew Carnegie

Andrew Carnegie, born on November 25, 1835, and died on August 11, 1919, was a renowned business magnate. He rose from a common employee in a railway company to become a leading figure in the steel industry. Carnegie achieved great success in business, but he is also known for his charitable endeavors, donating a substantial amount of money to education, libraries, and public welfare. more

You May Also Like

“At the heart of my politics has always been the value of community, the belief that we are not merely individuals struggling in isolation from each other, but members of a community who depend on each other, who benefit from each other's help, who owe obligations to each other. From that everything stems: solidarity, social justice, equality, freedom.”

“Great American power and responsibility are not unprecedented, and have been used with restraint and great benefit in the past. We have not assumed that super strength guarantees super wisdom, and we have consistently reached out to the international community to ensure that our own power and influence are tempered by the best common judgment.”

“Many business leaders today view their jobs as entailing responsibility for the welfare of the wider community. These individuals do not define themselves as profit-making machines whose only reason for existing is to satisfy escalating expectation for immediate gain.”

“I've never needed a lobbyist personally to put my case. I'd rather put my case myself. But I don't understand how other people look at things. A lot of people in business haven't been involved in politics. They are frightened of ministers and the whole procedure. It's not something to be frightened of. It's something to go in and realise that people who go into politics, regardless of being Labor, Liberal or Nationals, primarily go in to serve the community.”

“Some foreign investors accuse us of being unfair to shareholders by using our resources for community development. Yes, this is money that could have made for dividend payouts, but it also is money that's uplifting and improving the quality of life of people in the rural areas where we operate and work. We owe them that.”