Robert Menzies Quotes

Profit or perish... There are only two ways to make money: increase sales and decrease costs.

Cost reduction and cost control are by their very nature sort of anti-social activities.

Our wage freeze was vital to keep wages competitive with rival companies. I always try to communicate to our people that we can never make enough money. We can never make enough profit.

To run a successful business, you have to be tough.

Profitability is coming from productivity, efficiency, management, austerity, and the way to manage the business.

I have made the tough decisions, always with an eye toward the bottom line. Perhaps it's time America was run like a business.

Japanese tend to put sales and market share first. They make many products with the aim of raising sales. But then profits decline, and companies find themselves falling into debt... I changed the mindset at Canon by getting people to realize that profits come first.

American capitalists, enthralled by the doctrines of finance, have put their income statements in service of the balance sheet.

My shareholders expect me to make the most profit. That's the ugly, dirty truth.

One of my main agenda right from the beginning has been cost rationalization, and we have done a lot of cost rationalization.

I don't want to be a basketball player that's a businessman. I want to be a businessman that's a business.

When companies minimize their costs, they can spend more on R & D and marketing. It's just very logical.

If someone is doing that, saving the customer money, is making a profit so bad?

I have long believed the corporate world is plagued by poor capital allocation decisions.

A company has only so much money and managerial time. Winning leaders invest where the payback is the highest. They cut their losses everywhere else.

Our goal is long-term growth in revenue and absolute profit - so we invest aggressively in future innovation while tightly managing our short-term costs.

For a hot-shot CEO taking over a troubled company, mass firings are the ultimate quick fix, the accounting equivalent of crack: cheap, easy to score, instantly gratifying, and highly addictive.

When I looked into the mechanics of being a businessman, I found it wasn't rocket science.

If you want to make a lot of money, resist diversification.

I just want to do the least work in the least time and make the most money.

Ratings translate into corporations, corporations that need a profit statement this quarter that's larger than the last.

The concept of profit maximization is, in fact, meaningless.

The key issue when you're looking at cost cutting is to always plan for the future.

One of the really key things to look at in terms of crafting strategy when you're in an economic crises is how do you maximize essentially your liquidity position? Your ability to both take kind of profits and revenues and business and then convert that into a stronger lead. And so those companies that can do that can actually, you know, get a march on their competitors.

The first set of questions to ask yourself when you're doing cost cutting is relatively straightforward, which is, you know, can you use the necessity of cost cutting as an opportunity to do pruning or trimming for projects that aren't being as successful? But, you know, frequently those are the easy ones. I mean, there's always some kind of social costs internal to the company, but that's the easy way of looking at the future.