Philip Kotler Quotes - Page 3

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• The key solution is to invest in innovation and entrepreneurship within the company. Reducing waste - although probably not eliminating it - and do so at all levels of government would probably generate the capital needed. Alas, that will probably not happen because it makes too much sense.

  Philip Kotler

  Keys, Government, Innovation

  Interview With Bob Morris, bobmorris.biz. May 10, 2015.

  9 Copy quote

• Every company that manufactures something is causing some damage either to the soil or water or air. Most companies treat these as externalities. But the growing movement of sustainability calls for companies to internalize these costs. Once companies do this, they will have a strong incentive to reduce their carbon footprint.

  Philip Kotler

  Strong, Carbon Footprint, Air

  Source: bobmorris.biz

  9 Copy quote

• Leaders such as Alexander the Great, Napoleon, Franklin D. Roosevelt and others promulgated a vision and a moving story of how their people could achieve a great purpose.

  Philip Kotler

  Moving, People, Leader

  Interview With Bob Morris, bobmorris.biz. May 10, 2015.

  4 Copy quote

• The most common conception of Capitalism is that it is an economic system consisting of privately owned businesses and large corporations that are run for profit. The profit comes from running the business efficiently and keeping the products and services up to date and competitively priced.

  Philip Kotler

  Running, Corporations, Common

  Source: bobmorris.biz

  8 Copy quote

• A country's middle class is its bedrock.

  Philip Kotler

  Country, Class, Middle

  Source: bobmorris.biz

  5 Copy quote

• In fact, Capitalism has a vested interest in creating new wants and making people unhappy until they acquire the next good.

  Philip Kotler

  Creating, People, Unhappy

  Source: bobmorris.biz

  5 Copy quote

• Too much of the income gains go to too few people, even though all of the stakeholders worked together to make their companies successful. By failing to put enough income into more hands, the GDP grows slower and consumers manage to meet their needs by incurring high levels of debt.

  Philip Kotler

  Successful, Hands, Gdp

  Source: bobmorris.biz

  8 Copy quote

• I have always favored Capitalism as the best economic system and Democracy as the best political system. They both have the most potential for improving the lives of people. However, both systems need to be reexamined and refreshed so that, in fact, they do serve the majority of people.

  Philip Kotler

  People, Political, Democracy

  Source: bobmorris.biz

  6 Copy quote

• CEOs need to produce continuous growth in sales and profits. Yet they must also invest in sustainability and social responsibility, which then leave them less money for financing their growth.

  Philip Kotler

  Responsibility, Growth, Needs

  Interview With Bob Morris, bobmorris.biz. May 10, 2015.

  5 Copy quote

• My parents, and their interest in making the world a better place for more people inspired me.

  Philip Kotler

  People, Parent, World

  Source: bobmorris.biz

  4 Copy quote

• People who lack material wealth, who are poor, won't be very happy. They will be obsessed with meeting their bills at pay day. And people who have an abundance of material goods are often not happy.

  Philip Kotler

  People, Pay, Bills

  Source: bobmorris.biz

  4 Copy quote

• Requiring the payment of higher wages will lead to a loss of some jobs and a raising of prices which drives companies to search for automation to reduce costs. On the other hand, those receiving higher wages will spend more (the marginal propensity to consume is close to 1 for low income earners) and this will increase demand for additional goods and services. Henry Ford had the clearest vision of why companies can actually benefit by paying higher wages.

  Philip Kotler

  Jobs, Loss, Hands

  Source: bobmorris.biz

  7 Copy quote

• Whenever someone wonders how I could have written 57 books, I remind them that Isaac Asimov wrote 500 books.

  Philip Kotler

  Book, Wonder, Isaac

  Interview With Bob Morris, bobmorris.biz. May 10, 2015.

  4 Copy quote

• We need to take a close look at the relationship between the economic system of Capitalism and the political system of Democracy. A democracy with high concentrations of private wealth buys votes and interferes with the ability of Capitalism to perform well. It is no longer one citizen, one vote.

  Philip Kotler

  Political, Democracy, Needs

  Source: bobmorris.biz

  4 Copy quote

• Thomas Edison had great visions (for lights, music players, movies, etc.) but he knew they didn't count until he could make them work. His statement that creativity is 99% perspiration makes that point. Consider how much time he spent trying to make a synthetic rubber material for tires and never stopped trying but he never succeeded.

  Philip Kotler

  Creativity, Player, Light

  6 Copy quote

• In America, we are not lacking solutions. We are lacking a two-party system that is willing to agree on solutions. Part of this is due to rigid ideological positioning that substitutes for really thinking about the facts and solutions.

  Philip Kotler

  Party, Thinking, Two

  Source: bobmorris.biz

  7 Copy quote

• Robots equipped with software can be designed to do repetitive jobs. All that you need in a factory is a set of dials, an expert, and a dog to keep the expert awake. We will be moving shortly to the next stage to robots with artificial intelligence who can "think."

  Philip Kotler

  Dog, Jobs, Moving

  Source: bobmorris.biz

  5 Copy quote

• Most of the productivity gains appear to go to the top 1 percent. Most people don't have enough income and as a result, they borrow additional money by using their credit card and they fall into high debt. The result of the growing income gap is a slower growing GDP (too few people with money to spend) and a rising tide of indebtedness.

  Philip Kotler

  Fall, Gdp, People

  Source: bobmorris.biz

  4 Copy quote

• Our legislators have become a set of "whores" open to the highest bidders. The problem is that if we try to limit lobbying, we are in effect limiting free speech.

  Philip Kotler

  Trying, Lobbying, Speech

  Source: bobmorris.biz

  4 Copy quote

• I found marketing to be highly descriptive and prescriptive, without much of a foundation in deep research. I brought in economics, organization theory, mathematics, and social psychology in my first edition of Marketing Management in 1967. Today Marketing Management is in its 15th edition and remains the world's leading textbook on marketing in MBA programs. Subsequently, I wrote two more textbooks, Principles of Marketing and Marketing: an Introduction.

  Philip Kotler

  Psychology, Marketing, Today

  Source: bobmorris.biz

  7 Copy quote

• In working on any one problem, such as higher minimum wages, so many other issues come into play, such as some businesses possibly closing down, thus creating fewer jobs and more unemployment and incentivizing companies to import more goods from abroad, which leads to even less employment at home, and so on.

  Philip Kotler

  Jobs, Home, Play

  Source: bobmorris.biz

  4 Copy quote

• There is much work to do to protect forests from over-timbering and oceans and lakes from over-fishing. We need to encourage and reward companies that create jobs to reduce the carbon footprints of offices and buildings and homes.

  Philip Kotler

  Jobs, Ocean, Home

  Source: bobmorris.biz

  8 Copy quote

• We should tax every company's carbon footprint and the carbon footprint of every building and home, to incentivize people to reduce their carbon footprint.

  Philip Kotler

  Home, Carbon Footprint, People

  Source: bobmorris.biz

  11 Copy quote

• The Republican Party has consistently opposed Obamacare (as costing more), stimulus spending (as increasing inflation), etc., none of which has happened in spite of seven years of their warnings. Their main problem is that they don't have the character to admit that they are wrong. They don't have enough character to rethink their deeply held assumptions.

  Philip Kotler

  Party, Character, Years

  4 Copy quote

• I admire companies that have a purpose, passion, and performance. I am a fan of Unilever under its CEO Paul Polman, not only for the company's insights into women and men when they buy beauty products or skin products (the DOVE woman, the AXE man), but also as a company seeking to achieve both growth and practicing social responsibility.

  Philip Kotler

  Responsibility, Passion, Men

  Interview With Bob Morris, bobmorris.biz. May 10, 2015.

  5 Copy quote

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