Shukla Bose Quotes

It is time for corporate America to become 'the third pillar' of social change in our society, complementing the first two pillars of government and philanthropy. We need the entire private sector to begin committing itself not just to making profits, but to fulfilling higher and larger purposes by contributing to building a better world.

Charitable involvement, social impact, and global responsibility have always been important at Bain Capital.

I started off with making personal donations and eventually set up my own foundation, VTCY Foundation, now known as Better Malaysia Foundation. My contributions are also made through companies that I own.

People often ask me what I consider my goal to be at TOMS. The truth is that it's changed over the years. When we first began, the goal was to create a for-profit company to help the children that I met in a small village in Argentina.

You can invest in companies, you can help grow companies, you can be a venture capitalist - and be a philanthropist at the same time.

It's time to re-think charity. It's time to give charity the big-league freedoms we really give to business. The fight for these freedoms must be our new cause, because without them, all of our causes are ultimately lost.

I don't run a non-profit. There are lots of non-profits in America - in Detroit, parts of Wall Street, etc. I run a not for profit. We're a business. The only difference is that instead of selling soap or sneakers, we sell hope and leadership.

I truly believe that philanthropy and commerce can work together.

Charity only works when smart, innovative, compassionate people in the field are supported from home. The World of Children Award raises money and visibility for change makers, people doing the real work. We are a conduit for funding and resources only; all of our operating costs are covered by our generous board of governors.

The private sector must play a role in ensuring the prosperity and health of the people who comprise its market. It is time for the private sector to become a proactive partner contributing to the efforts of governments and philanthropies.

For us, my wife and I and all of my partners believe that corporations have to be corporate citizens, and individuals who benefit from them, or who have built them, need to give back.

Giving feels good, but it's also good for the bottom line. Charity is a viable growth strategy for a lot of companies. Our customers get excited to be a part of what we're doing. If you ask anyone wearing Toms how they first heard about us, most won't mention an advertisement; they'll say a friend told them our story.

There's a lot of good that's done for society in building businesses, but it's also great to be involved in those things where you can be connected to the community, to the world, and think about how you can use what you're creating, both in terms of your personal skills as well as your products or services to do good things for others.

Over the last 15 years we've developed our brand into a global brand and we wanted our giving to follow suit.

In the rest of the world, rich people will give a donation, and businessmen give to charities. But in Mexico, the execution capacity of what we call the social sector is missing. I find it much more effective to set up the actual social organisation and then fund it with my money.

In the same way that you're driven in your business to keep innovating - Facebook is a wonderful example of constant innovation - think about doing that in philanthropy.

Integrate purpose into your for-profit business model through a long term commitment to a cause that is aligned with your core values and those of your community.

A sour corporate culture can actually make an entire society unhappy. This means that a strong corporate culture can have a positive impact on a society.

I believe Costco does more for civilization than the Rockefeller Foundation. I think it's a better place. You get a bunch of very intelligent people sitting around trying to do good, I immediately get kind of suspicious and squirm in my seat.

There is a natural link between the effective running of my businesses and the effective direction of philanthropic funds. I apply business principles to my philanthropic work so that maximum value is given to the causes I support.

In working with UNICEF our corporate partners have demonstrated time and again that their financial resources, leadership and expertise can bring about real and lasting benefits for the world's children.

The corporate world has the resources to improve the world. It's where people live and work.

The future of TOMS is really creating a whole new business model of this one-for-one giving and expanding the TOMS model from shoes into other products as well.

I feel a deep sense of responsibility to share everything that we've learned from TOMS, so that others can learn from both our mistakes and the counterintuitive principles that have guided our success.

Business can be a source of progressive change.