“The performance of business leaders during the next decade will play a major role in determining not only business but political and social trends for a long time to come. Here are some of the principal reasons:
- Business leaders control the economic well-being of and stockholder.
- The course of business shapes public opinion.
- Business leaders shape public opinion.
So, in addition to his or her prime responsibility of managing his or her enterprise at a profit, the business leader of today is faced with new and larger responsibilities. And, at the same time, the job of managing his or her enterprise at a profit is increasing in complexity. Consequently, the imposition of additional responsibilities makes the nation’s task of developing an adequate number of properly equipped executive leaders a staggering one indeed.”

— Marvin Bower

Marvin Bower (1949) The development of executive leadership. Harvard University. Graduate School of Business Administration. p. v

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The performance of business leaders during the next decade will play a major role in determining not only business but …" by Marvin Bower?

Marvin Bower 12

American business theorist 1903–2003

Related quotes

“A leader must keep his or her eye on the core customers and core business. I have seen many executives focus so much on new growth that they let the core business slip away.”

Don Soderquist (1934–2016)

Don Soderquist “ The Wal-Mart Way: The Inside Story of the Success of the World's Largest Company https://books.google.com/books?id=mIxwVLXdyjQC&lpg=PR9&dq=Don%20Soderquist&pg=PR9#v=onepage&q=Don%20Soderquist&f=false, Thomas Nelson, April 2005, p. 178.
On Leading Well

“One of the greatest things Sam Walton taught me is that a leader stays involved in his business and close to his people so that he can determine the best course of action without wasting time.”

Don Soderquist (1934–2016)

“We have a saying, we travelers: ‘For a man’s business, go to your troupe leader; for a woman’s business, go to Women’s Country. For a fool’s business, go to the warriors.”

Sheri S. Tepper book The Gate to Women's Country

Source: The Gate to Women's Country (1988), Chapter 16 (p. 173)

“A leader has to know how the system functions - not just the system of government but the whole social and economic system, including business, the unions, and the universities.”

Jean Chrétien (1934) 20th Prime Minister of Canada

Source: Straight From The Heart (1985), Chapter Three, The Business Of politics, p. 76

“It will be none of this summit's business to choose the titles for leaders, it is the business of this summit to see what we are going to do for the suffering people and masses in Africa.”

Bernard Membe (1953) Tanzanian politician

When asked if he would address Robert Mugabe as president; quoted in "Africa urged to act on Zimbabwe," http://news.bbc.co.uk/2/hi/africa/7480584.stm BBC News (2008-06-30)