Posts Tagged ‘marc benioff’

Marc Benioff: Bigger Mission Profit

Posted by admin on Wednesday, June 12, 2019

Marc Benioff Money Quote saying as CEO of SalesForce that business cannot survive on profit alone – there must be a purpose that serves the greater good. Marc Benioff said:
 
To be truly successful, companies need to have a corporate mission that is bigger than making a profit Quote
 

“To be truly successful, companies need to have a corporate mission that is bigger than making a profit” — Marc Benioff

 

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Marc Benioff is suggesting that for companies to achieve lasting success, their mission and purpose should extend beyond simply making a profit. Having a corporate mission that focuses on positively impacting society, customers, employees or other stakeholders can help companies earn trust, loyalty and goodwill that strengthens their business over the long run.

A mission centered around profit alone may lead a company to prioritize short-term gains over sustainable practices. Mr. Benioff seems to be advocating that defining one’s purpose and values around broader goals, rather than just financial targets, can set a company up for greater fulfillment and resilience through changing economic conditions.

Marc Benioff: Speed is Currency of Business

Posted by admin on Tuesday, January 26, 2016

Marc Benioff Money Quotation saying at World Economic Forum #WEF16 event in #Davos that being able to move quickly to catch the wave of market forces is more valuable than cash. Marc Benioff said:
 
Speed is the new currency of business Quote
 

“Speed is the new currency of business” — Marc Benioff

 

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In this quote, Marc Benioff seems to be suggesting that in today’s business environment, the speed at which companies operate and deliver value to customers has become critically important. Where business models and customer expectations were once stable for longer periods of time, digital technologies and platforms have accelerated the pace of change.

Customers now demand immediate access to information, products and services. Companies that can move and adapt quickly to new opportunities, needs and competitive threats are better positioned for success.

The ability to work, innovate, launch products and solve problems at a rapid pace has essentially become a new currency – a valuable asset that businesses must cultivate to remain competitive. So “speed” in this context refers to both agility and velocity of response as key factors in determining a company’s effectiveness and longevity in today’s digital age.

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