The statement underscores the importance of profitability as a fundamental principle in managing investments effectively. It suggests that ensuring an investment generates profit is crucial because it allows individuals and organizations to retain control over their financial decisions and resources.
Delving deeper, the quote emphasizes that profitability is not just about achieving positive returns but also about maintaining autonomy in decision-making processes related to one's investments. Without profitability, investors might find themselves constrained by external factors such as creditors or other stakeholders who may influence how funds are used. By focusing on profitability, individuals can ensure they have the flexibility and power to make strategic choices that align with their long-term goals rather than being bound by financial limitations imposed by others.
Borje Ekholm is a Swedish business leader and CEO of Ericsson, a leading provider of information and communication technology services worldwide. His insights often revolve around effective management practices and strategies for sustained success in the competitive tech industry.
