Triple Responsibility Business Philosophy

“‘As I see it, the modern company has three responsibilities, namely to its shareholders, to its staff, and to the society from which its success derives and within which it operates.’ ‘You are the judges,’ he told the shareholders, ‘but if all of you were as grateful for the contribution we can make to the community as I am, I’d be more than satisfied.’”

“‘Our basic philosophy is that we have three levels of responsibility, namely to our shareholders, to our staff, and to the community in which we operate.’ On occasion he added: ‘Now my biggest fun in life has been the third one – my biggest pleasure.’ This was the other side of Rupert the entrepreneur – his community involvement that was expressed in philanthropy. Not just giving away money because he had plenty of it, but philanthropy based on his all-absorbing outlook on life − personal, business, cultural, civic life − in partnership with others. With the advent of globalisation the notion of strategic alliances has become commonplace.”