Sublime

This brings us to the question of succession. Since most organizations are run by Ones and have a team of Twos (sometimes Functional Ones) reporting to them, replacing the CEO can be extremely tricky. Do you promote someone from the executive staff even though they are likely a Two? Microsoft did this in 2000 when they replaced Bill Gates, a protot

The strategy development task is not an exercise in forecasting. Rather, the goal is to create the responsive organization; to put in place a set of operating procedures which force the practitioners to listen to their marketplace on an ongoing basis, not as a one-time piece of market research; to require them to reexamine their methods of operatio

The following four key strategic issues commonly faced by small to mid-sized companies: How fast to grow Focus versus diversification Whether to go public Whether to lead a market or follow

Peter Drucker.

Because of the widespread instability, it’s not enough for a business to be the market leader or the most profitable company. Rather the stake is to take the vast majority of the market[254], at (almost) any cost. Those who generate superior increasing returns to scale can crush competition and realize a sizable return on investment over the long t

leverage is also central to its economics.

the use of temporary and permanent task forces.

the greater course of wisdom may be to reach for some internal consistency between and among its practice areas, so that a single approach to management practice can be devised. Such consistency would provide not only internal benefits, but also a common identity in the marketplace.