“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
“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
Good strategy works by focusing energy and resources on one, or a very few, pivotal objectives whose accomplishment will lead to a cascade of favorable outcomes.
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 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
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
The essence of strategy is to create your own path.
Joan Magretta • Understanding Michael Porter: The Essential Guide to Competition and Strategy
“We try to focus and do very few things well. And focussing is hard because focussing doesn’t mean saying ‘yes’ it means saying ‘no’. So we decide not to do a lot of things so we can focus on a handful of things and do them very well”. - Steve Jobs
The power of Jobs’s strategy came from directly tackling the fundamental problem with a focused and coordinated set of actions.