Myth: Values Cost You Money
Robert debunks the idea that values-based decisions hurt profitability. He argues that while such choices may have short-term costs, they build long-term credibility, culture, and financial success.
- CVS lost $2B/year by stopping cigarette sales but rebranded successfully
- Doing right by employees builds culture and reduces turnover
- Short-term pain often leads to long-term gain
- Values create trust, which drives customer and employee loyalty
“I think values decisions cost you more in the short term... but you gain ultimately in the long run if you're willing to sustain that…”