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Aging & Wisdom Quote by Lee Scott

"If we take care of the customers and associates and grow the business, Wall Street will be pleased"

About this Quote

Lee Scott’s line reads like a polite inversion of capitalism’s usual chain of command: serve customers, respect workers, expand the enterprise - and the financiers will fall in line. It’s a CEO’s attempt to reframe shareholder satisfaction as an outcome, not a marching order. In a culture where quarterly earnings calls can feel like religious services, the sentence offers a more operational creed: focus on the inputs you can touch, and the markets will reward the results.

The subtext is a message to two skeptical audiences at once. Internally, it signals to associates that they’re not merely a cost center to be squeezed for margin; they’re presented as a strategic asset whose treatment is tied to legitimacy. Externally, it reassures investors that any talk of employee welfare or customer-first rhetoric isn’t “soft” governance - it’s a productivity story that will still end at the altar of growth. Notice the careful sequencing: customers and associates come first, but the proof of devotion is “grow the business.” Stakeholders get the emotional front seat; shareholders still get the destination.

Context matters because Scott led Walmart during years of intense scrutiny over wages, benefits, labor practices, and community impact. The quote functions as reputational judo: it tries to convert critique into a managerial thesis. The brilliance is its plausibility; the weakness is its vagueness. “Take care” can mean genuine investment or better optics, and Wall Street’s pleasure, historically, has rarely been a patient emotion.

Quote Details

TopicServant Leadership
SourceHelp us find the source
More Quotes by Lee Add to List
Customer and Associate Focus Leads to Wall Street Success
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About the Author

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Lee Scott is a Businessman from USA.

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