“The fact is that surveys which media people openly admit to show that fewer than twelve percent of their customers believe they're doing a good job, while the average profit margin in television is in the neighborhood of eighty percent.” PeopleBelieveFactsShowsJobsMediaTelevisionPercentAverageProfitCustomersNeighborhoodFewerTwelveGood JobEightyMarginsSurveysProfit Margin Author:L. Neil Smith
“I don't think that Mitt Romney can legitimately say that he learned anything about how to create jobs in the LBO (leveraged buyout) business. The LBO business is about how to strip cash out of old, long-in-the-tooth companies and how to make short-term profits. All the jobs that he talks about came from Staples. That was a very early venture stage deal. That, you know they got out of long before it got to its current size.” ThinkingKnowsLongJobsTermDealsCompanyStageRepublicanSizeProfitCurrentsTeethCashVentureShort TermRomneyStaples Author:David Stockman
“Business success isn't just a selfish aim. Profits spread beyond those who make them and bring jobs and prosperity.” JobsAimProfitProsperitySpreadSelfishBusiness Success Author:Margaret Thatcher
“One of the proven ways of getting workers more involved with their jobs is by dovetailing employee profit-sharing and stock ownership plans with greater responsibility sharing... Trade unions in this country should... consider these arrangements much more carefully than they have up to now... Expanded employee profit participation and stock ownership would provide workers with a greater measure of economic and social independence, thus stimulating increased productivity.” WayShouldCountryWisdomJobsPoliticsSocialResponsibilityEconomyGreaterPlansEconomicInvolvedIndependenceTradeUnionsWorkersProfitProductivityLiberalismEmployeeOwnershipArrangementsProvenParticipationTrade UnionsProfit Sharing Author:Jacob K. Javits
“Just as important, we need a new dedication to opening avenues for employee participation and motivation through profit-sharing and innovative programs of job enrichment.” NeedsImportantJobsMotivationPoliticsEconomyProgramProfitOpeningLiberalismEmployeeDedicationParticipationInnovativeAvenuesEnrichmentProfit Sharing Author:Charles H. Percy
“It is management's job to direct the efforts of all components toward the aim of the system. The first step is clarification: everyone in the organization must understand the aim of the system, and how to direct his efforts toward it. Everyone must understand the damage and loss to the whole organization from a team that seeks to become a selfish, independent, profit center.” FirstsWholeJobsLossEffortStepsTeamDirectOrganizationAimIndependentManagementProfitSelfishDamageFirst StepsComponentsClarification Author:W. Edwards Deming