Henry Ford on Making More from Business

Posted by admin on Saturday, September 6, 2014

Henry Ford Money Quotation saying companies owe more to their employees, customers and the public than just an allegiance to shareholders or they are poor companies. Henry Ford said:
 

 

“A business that makes nothing but money is a poor business” — Henry Ford

 

 

In this quote, Henry Ford seems to be making the point that a business’s sole focus on generating profits is misguided and unlikely to lead to long-term success.

He implies that a company should aim to provide value to customers, employees, and society in addition to earning money. Ford appears to believe that businesses have a responsibility beyond their bottom line to consider other stakeholders and outcomes.

The quote suggests that businesses truly devoted to their purpose, product quality, customer service and other non-financial factors will ultimately be more profitable than those exclusively preoccupied with making money.

Overall, Ford is advocating for a balanced, holistic view of a business’s role and responsibilities beyond accumulation of wealth alone.

Birthday: July 30, 1863 – Death: April 7, 1947

Categories: philosophical Tagged:businesshenry fordpoor