“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
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
War strategies, however, rest on a deeper foundation of people working together under stress and uncertainty, and good ones shape the terms of the conflict to their liking before combat begins. Such an environment describes modern business, and strategies based on this foundation will work as well for business as for war.
Chet Richards • Certain to Win
strategy is primarily about deciding what is truly important and focusing resources and action on that objective. It is a hard discipline because focusing on one thing slights another.
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
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.