Ajay Piramal Quotes

I have almost no interest in quarterly reports. Running a business or investing in a business based on quarterly earnings doesn't make any sense at all to me.

One of my major objectives is to build a long-term enterprise, to build shareholder value over time.

By doing what they must do to keep their margins strong and their stock price healthy, every company paves the way for its own disruption.

You just can't get too focused on worrying about what's going to happen in the next quarter. You have to worry about where the business is headed long-term.

Chasing revenues that don't have good earnings doesn't help us or shareholders one lick.

I have not been a believer of point guidance. It really limits your flexibility to do what you want. It leads to behavior that is not supportive of long-term shareholder value.

We're very much focused on full shareholder-value return. We have to get our stock moving. But I won't do something in the short run that I don't feel is right for the long run. That, I've watched many CEOs do.

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.

There is still too much pressure on short-termism in terms of the drivers of success.

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

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

I'm not going to run my business on the basis of quarterly numbers.

Whether you stay private or go public, after all is said and done, a CEO's job is to create lasting shareholder value.

If I had learned more about business ahead of time, I would have been shaped into believing that it was only about finances and quality management.

You go to any MBA program, and you will be taught the theory of the firm, that the purpose of the firm is the maximization of return on invested capital. I always thought this was a kind of lunacy.

If we take care of the business and keep our eye on the goal line, the stock price will take care of itself.

People come in with business plans and, I mean I know that no one is going to meet everything they say in a business plan but you got to have something to, to guide towards.

If the goal is to build companies that maximize long-term equity value, then optimizing corporate performance in a way that Wall Street appreciates is obviously critical to that goal.

Every time we bring someone in we ensure that they are a strategic thinker, but even more important that they understand that if the products aren't successful and the products don't sell that there won't be anything to strategize about.

The Interros strategy toward various assets generally depends on the stage of their development and level of their maturity.

We need investors who plant and grow, not reap and run.

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

After decades of studying the men and women that make the decision to open their own Great, Growing Company, I'd have to say it comes down to the Vision they have for that business - do they expect to build the company or just have some income for the short term?

It is the performance of the business that matters. It is hard enough to figure out the future of the business. Do not try to figure out the future of the country or the world; focus on the business.

The suggestion that we were pursuing consolidation as a replacement for reaching our financial targets by 2018 is fundamentally a bunch of hogwash.