Indra Nooyi: Blind Profit Pursuit

Posted by admin on Tuesday, June 11, 2019

Indra K. Nooyi Money Quote saying as CEO of Pepsico that focusing only on profits is not sustainable for most businesses when that hurts those they serve as customers. Indra K. Nooyi said:
 
The blind pursuit of profit at all costs is untenable. It is essential that we make money the right way. After all, if communities suffer as a result of a company’s actions, those returns are not sustainable Quote
 

“The blind pursuit of profit at all costs is untenable. It is essential that we make money the right way. After all, if communities suffer as a result of a company’s actions, those returns are not sustainable” — Indra K. Nooyi

 

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In this quote, Indra Nooyi seems to be arguing that a business approach focused solely on maximizing short-term profits without regard for impacts on communities is misguided and ultimately not a sustainable strategy.

She suggests it is more important for companies to “make money the right way” by considering how their actions might affect the communities in which they operate.

Nooyi implies that if a company’s profit-seeking damages the communities that support it, those profits will not last in the long run as the company loses its social license to operate.

Overall, the quote conveys Nooyi’s view that responsible business practices aligned with community well-being are better for long-term business success than the “blind pursuit of profit at all costs.”

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