“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
Strategies focus resources, energy, and attention on some objectives rather than others. Unless collective ruin is imminent, a change in strategy will make some people worse off. Hence, there will be powerful forces opposed to almost any change in strategy.
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
April Dunford • Obviously Awesome: How to Nail Product Positioning so Customers Get It, Buy It, Love It
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
Good strategy and good organization lie in specializing on the right activities and imposing only the essential amount of coordination.