“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
“Right now, whoever argues the best in our quarterly meetings can change the strategy.”
Joshua Seiden • Outcomes Over Output
we always hope that a brilliant insight or very clever design will allow us to accomplish several apparently conflicting objectives with a single stroke, and occasionally we are vouchsafed this kind of deliverance. Nevertheless, strategy is primarily about deciding what is truly important and focusing resources and action on that objective. It is a
... See moreRichard Rumelt • Good Strategy/Bad Strategy: The difference and why it matters
Me: “Why does competitor X have five times your revenue?” Entrepreneur: “We are using partners and OEMs, because we can’t build a direct channel like competitor X.” Me: “Why not? If you have the better product, why not knuckle up and go to war?” Entrepreneur: “Ummm.” Me: “Stop looking for the silver bullet.” There comes a time in every company’s li
... See moreBen Horowitz • The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers
A distinct strategy will produce its own
Joan Magretta • Understanding Michael Porter: The Essential Guide to Competition and Strategy
