Subscribe to Money Morning get daily headlines subscribe now! Money Morning Private Briefing today's private briefing Access Your Profit Alerts

Without This Company, the Economy Would Crash

Years ago, I was interviewing the CEO of a Fortune 500 corporation - and was pressing him on a strategy that eschewed badly needed cost cuts in favor of a growth strategy that most folks believed had long odds of success.

I've never forgotten his reply.

"Bill," he told me, "you can't cost-cut your way to greatness - you have to have growth."

Philosophically speaking, the CEO was correct: Quality growth is the true path to corporate greatness and shareholder wealth.

Leave a Reply

Your email address will not be published. Required fields are marked *

Some HTML is OK