Lakshmi Mittal Quotes

I hated pitch meetings. Pitch meetings were my least favorite part of the week. I just gave up. I was so terrible at them.

Find the appropriate balance of competing claims by various groups of stakeholders. All claims deserve consideration but some claims are more important than others.

Business’s objective is to maximize profits—not maximize benefits to the American worker.

General Motors is not in the business of making cars. It is in the business of making money.

I think every company has its own unique approach to creating shareholder value.

I view investors as our partners and stakeholders in the company. They are trying to build financial models. What I try to focus on is helping them understand how we think.

The NBA is going to do what they want to do. They're going to do what's best for them; not what's best for us.

When you manage your company for long-term shareholders, and you manage the company for clients, two of the biggest stakeholders, you will make the right decisions.

By putting the employee first, the customer effectively comes first by default, and in the end, the shareholder comes first by default as well.

HCL is a corporation. It is for profits. A corporation stands for its shareholders, its profits, its employees, its discoveries, and its customers.

Creative tension is constructive. Its purpose is to bring out the very best in management so that senior executives can generate the greatest value for shareholders, stakeholders, and society at large.

Too many companies are running their business into the ground, I would argue, by being myopically short-term focused on the shareholder.

If you're long-term oriented, customer interests and shareholder interests are aligned.

You must not only focus on the consumer, but also on what it does to you internally - getting people aligned to the strategic mission of the company - what it does to the suppliers, governments, all your stakeholders.

Shareholder value is a result, not a strategy . . . Your main constituencies are your employees, your customers and your products.

The board is currently undertaking what could be its most important task, ... We are confident that we're going to make a choice that is in the best interest of the company, shareholders and others.

GM will do what's best for GM, and Delphi should do what's good for them.

My job is to listen to ideas, maybe cook up a few of my own, and make decisions based on what's good for the shareholders and for the company.

Governments have a favorite phrase: “lean and mean.” But they’ve been made very, very fat for corporate interests.

Now you have to be a collaborator and you have to bring on governments and convince people.

In life and business, there are two cardinal sins, the first is to act precipitously without thought, and the second is to not act at all. Unfortunately the board of directors and top management of Times Warner already committed the first sin by merging with AOL, and we believe they are currently in the process of committing the second; now is not a time to move slowly and suffer the paralysis of inaction.

We like to believe we can break strategy down to Five Forces or Seven Ss. But you can't. Strategy is extraordinarily emotional and demanding.

We gain strength, and courage, and confidence by each experience in which we really stop to look fear in the face... we must do that which we think we cannot.

There's nothing new about the government protecting corporations and calling it the freeing of the world or bringing democracy to bereft nations.

Sports is a perfect activity in which to see streaks and cycles, organizational and otherwise, in action - and to watch confidence build or erode. There are repeated episodes of performance with similar rules and clear winners or losers. I added team sports to my studies of business because there are excellent parallels to work groups in the performance of sports teams and also excellent parallels to larger, more complex businesses or organizations in the strategy, structure, and culture surrounding any particular team.