Beyond Profits: The True Measure of a Business

Beyond Profits: The True Measure of a Business

Why do we lead, coach, mentor, and heal?

"A business that makes nothing but money is a poor business." Henry Ford

This encapsulates that businesses should aim for more than just financial profit; we should strive for a greater purpose and contribute meaningfully to society. Ford, a pioneer of modern industry, believed in creating value beyond monetary gains, emphasizing ethics, innovation, and social responsibility. #PlanetPeopleProfit

A business focusing solely on profits risks losing its soul, neglecting its employees, customers, and the community. Conversely, a company that aligns its objectives with societal well-being, sustainability, and employee growth often finds long-term success as it fosters loyalty, trust, and a sense of purpose.

“The purpose of life is to live a life of purpose”

This philosophy is especially relevant today, as stakeholders increasingly prioritize environmental, social, and governance (ESG) factors. Businesses that balance profit with purpose often outperform those that don’t because they create a sustainable ecosystem of shared value. Master calls it, #I2We2He

How does this resonate with your coaching and leadership philosophy?

We do you lead, coach, mentor, heal?

Vijaya Madhavi

ICF PCC| Certified Life Coach| Corporate Trainer for Leaders| Coach for Transformative Leadership | Mentor Coach and Facilitator| Corporate and Team Coach| Empowering Change | English Language and Communications Trainer

2w

Businesses which count on metrics alone lose their focus and their way sooner or later. Purposes for which they came into existence in the first place should always be the guiding light. There are examples of both all around!

Dimitri Abeyeratne

Human Resource Professional | Sustainability Enthusiast | Toastmaster The thoughts posted here are my own.

2w

Great insights shared Subash CV, MCC. Far too often do we focus on the short term gains and sacrifice such practices that can bring long term sustainable all round growth

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