“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
“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
A good strategy recognizes the nature of the challenge and offers a way of surmounting it.
Strategy is about making choices, trade-offs. It’s about deliberately choosing to be different. —Michael Porter
Good strategy works by focusing energy and resources on one, or a very few, pivotal objectives whose accomplishment will lead to a cascade of favorable outcomes.
Good strategy works by focusing energy and resources on one, or a very few, pivotal objectives whose accomplishment will lead to a cascade of favorable outcomes.
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.
It is the hard craft of strategy to decide which priority shall take precedence.