Jonathan Quaade
@jonathanquaade
Jonathan Quaade
@jonathanquaade
why competing with Costco is so hard to do the firm is not interested in today's static assessment of performance it is managing the business as to raise the probability of
long-term success when Costco continues to recycle cost savings to the consumer it is lowering the probability of failure
Repeat the mission over and over.
Repeat the yearly goals over and over.
Repeat the quarterly goals over and over.
Say it so many times, the team tells you to stop saying it and then keep saying it. It needs to become like a reflex.
- Lesson learnt after Dao asked me what our goals were and I didn’t know the details.
he says in our opinion just a few things in life are noble and it is because just a few things are noble that noad has just a few Investments the Church of diversification is seen as an insurance against any one idea being wrong we would propose that if knowledge is a source of value ad and few things can be known for sure then it Li logically
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