Unconventional wisdom about management: Jeff Pfeffer

Question: How should people judge a company’s results?

Answer: By comparison to its peers and by comparison to what its own aspirations are. Companies, as the balanced scorecard notes, depend on customers, employees, investors, suppliers, and others in the ecosystem. It is wrong to give one of those groups priority over the others. Brand loyalty and employee loyalty are both real assets, even if not reflected on balance sheets and income statements. (Ten Questions with Jeffrey Pfeffer)

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