11 Quotes
"Servant leadership is a leadership style and philosophy whereby an individual interacts with others—either in a management or fellow employee capacity—to achieve authority rather than power."
— Will Kenton
Servant Leadership"The system embodies a decentralized organizational structure. Leaders who follow this style include customer-facing employees in company decision-making. These employees have a close relationship with the consumer and can make better decisions to retain those customers and acquire new ones."
— Will Kenton
Servant Leadership"Servant leadership also aims to develop leadership qualities in others."
— Will Kenton
Servant Leadership"This leadership style requires an individual to demonstrate characteristics such as empathy, listening, stewardship, and commitment to the personal growth of others."
— Will Kenton
Servant Leadership"An avoidable cost is an expense that will not be incurred if a particular activity is not performed. Avoidable costs refer primarily to variable costs that can be removed from a business operation, unlike most fixed costs, which must be paid regardless of the activity level of a company."
— Will Kenton
Avoidable Cost"An avoidable cost is a business expense that can be eliminated by no longer undertaking the specific business activity."
— Will Kenton
Avoidable Cost"A company with multiple product lines can exit underperforming ones, thereby removing the costs associated with them."
— Will Kenton
Avoidable Cost"In reality, variable costs are not entirely avoidable in a short timeframe. This is because the company may still be under contract with workers for direct labor or with a supplier for direct materials. When these agreements expire, the company will be free to drop the costs."
— Will Kenton
Avoidable Cost"Social capital is a set of shared values that allows individuals to work together in a group to effectively achieve a common purpose."
— Will Kenton
Reading Into Social Capital"The idea is generally used to describe how members are able to band together in society to live harmoniously."
— Will Kenton
Reading Into Social Capital"In business, social capital can contribute to a company's success by building a sense of shared values and mutual respect."
— Will Kenton
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