“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 honestly acknowledges the challenges being faced and provides an approach to overcoming them.
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 a path, not a fixed point. An effective strategy is dynamic.
Joan Magretta • Understanding Michael Porter: The Essential Guide to Competition and Strategy
“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
Good strategy and good organization lie in specializing on the right activities and imposing only the essential amount of coordination.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
A good strategy honestly acknowledges the challenges being faced and provides an approach
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