Posts Tagged ‘jonathan lewis’
Jonathan C. Lewis: Profitable Ingredients
on Friday, October 14, 2011Jonathan C. Lewis Money Quotation saying Money-making is often taken as the whole enchilada when it may be comparable to the tortilla – or as a sandwich when it is more like the bread. Jonathan C. Lewis said:
“Profits are an ingredient, even the main ingredient, but not the whole recipe” — Jonathan C. Lewis
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In this quote, Jonathan C. Lewis seems to be suggesting that while profits are an important driver of business activity, they alone do not guarantee success or determine outcomes. By stating that profits are the “main ingredient” but “not the whole recipe,” Lewis implies there are other contributing factors beyond profit-seeking that influence results.
The quote portrays profits as a core motivation and necessity for businesses, but also acknowledges non-financial elements like innovation, customer satisfaction, talent management, and responsible practices as equally important components.
Overall, Lewis appears to be arguing that a holistic, balanced approach is needed rather than a singular focus on profits if companies want sustainable growth and impact over the long run.
Jonathan Lewis: Profitable Progress
on Thursday, October 13, 2011Jonathan C. Lewis Money Quote saying the motive for money-making is not advancing the social good – but can be if the character of profit maker reaches beyond simply taking profits. Jonathan C. Lewis said:
“Of course, the profit motive does drive profits (duh), but not necessarily progress” — Jonathan C. Lewis
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In this quote, Jonathan C. Lewis seems to be making the point that while the profit motive of businesses does lead them to seek increased profits, it does not always or necessarily lead to technological or social progress.
By stating that profits are driven by profit-seeking but not necessarily progress, Lewis implies commercial interests alone are not enough to guarantee advancement if it does not also benefit their bottom line. The quote suggests profits and progress can sometimes diverge, with profitability achieved through means other than innovative or progressive steps.
Overall, Lewis appears to be cautioning that free market forces and profits should not be conflated or equated directly with broader societal or technological advancement over time.