“Strategy is accepting that you are doing something better than the other and the other is doing something better than you. You have to pick your fight.”
- Axel Dumas, CEO of Hermes
Saved by Alara and
“Strategy is accepting that you are doing something better than the other and the other is doing something better than you. You have to pick your fight.” - Axel Dumas, CEO of Hermes
A good strategy recognizes the nature of the challenge and offers a way of surmounting it.
Richard Rumelt • Good Strategy/Bad Strategy: The difference and why it matters
Its important lesson is that we should learn design-type strategy from an upstart’s early conquests rather than from the mature company’s posturing.
Richard Rumelt • Good Strategy/Bad Strategy: The difference and why it matters
Strategy is about making choices, trade-offs. It’s about deliberately choosing to be different. —Michael Porter
Greg Mckeown • Essentialism: The Disciplined Pursuit of Less
It is the hard craft of strategy to decide which priority shall take precedence.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
There is an old aphorism that the key to strategy is playing the games you can win. Of course, life is not a game, nor is corporate management or statecraft. But the essential idea of focusing where you can “win” is neither trivial nor always followed.
Richard Rumelt • The Crux: How Leaders Become Strategists
“Strategy is making trade-offs in competing. The essence of strategy is choosing what not to do.”
Joan Magretta • Understanding Michael Porter: The Essential Guide to Competition and Strategy
There is an old aphorism that the key to strategy is playing the games you can win. Of course, life is not a game, nor is corporate management or statecraft. But the essential idea of focusing where you can “win” is neither trivial nor always followed.
Richard Rumelt • The Crux: How Leaders Become Strategists
Real-life strategy, whether your own or a company’s, is an ongoing process of dealing with critical challenges and deciding what consequential actions to take.