David Packard: Profit Stockholders

Meaning of David Packard Money Quote: saying a business has to do more than to be profitable – it owes employees a debt. David Packard said:
 

 

“A company has a responsibility beyond making a profit for stockholders; it has a responsibility to recognize the dignity of its employees as human beings, to the well-being of its customers, and to the community at large” — David Packard

David Packard on Corporate Assumptions

David Packard Money Quotation saying the public makes incorrect assumptions about company motives. David Packard said:
 

 

“I think many people assume, wrongly, that a company exists solely to make money” — David Packard

 
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David Packard on Reason for Existence

David Packard Money Quotation saying a corporation must have more than a catch phrase to base their reason for being on more than profit. David Packard said:
 

 

“Money is an important part of a company’s existence, if the company is any good. But a result is not a cause” — David Packard

 
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