“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
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“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 about making choices, trade-offs. It’s about deliberately choosing to be different. —Michael Porter
Greg Mckeown • Essentialism: The Disciplined Pursuit of Less
The true strategist chooses which challenge among many to accept. Some challenges seem insurmountable with current knowledge and resources. The strategist is not a fool and puts them aside in favor of battles that can be won.
Richard Rumelt • Becoming a Strategist (Part 1)
No one has an advantage at everything. Teams, organizations, and even nations have advantages in certain kinds of rivalry under particular conditions. The secret to using advantage is understanding this particularity. You must press where you have advantages and side-step situations in which you do not. You must exploit your rivals’ weaknesses and
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