We don't have much in the way of a business strategy. Like no business plan. Which I say to torment all my friends who are VCs or MBAs. That's always entertaining. The deal is, it's a mixture of luck and persistence.
An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.
Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.
The essence of strategy is choosing what not to do.
The biggest risk is not taking any risk... In a world that changing really quickly, the only strategy that is guaranteed to fail is not taking risks.
The best way to predict the future is to invent it.
A satisfied customer is the best business strategy of all.
There is nothing so useless as doing efficiently that which should not be done at all.
Sound strategy starts with having the right goal
In real life, strategy is actually very straightforward. You pick a general direction and implement like hell.
Business strategy is the battleplan for a better future.
If everyone is thinking alike, then somebody isn't thinking.
What business strategy is all about-what distinguishes it from all other kinds of business planning-is, in a word, competitive advantage. Without competitors there would be no need for strategy, for the sole purpose of strategic planning is to enable the company to gain, as efficiently as possible, a sustainable edge over its competitors.
However beautiful the strategy, you should occasionally look at the results.
Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win.
A business that makes nothing but money is a poor business.
If you can't describe your strategy in twenty minutes, simply and in plain language, you haven't got a plan. 'But,' people may say, 'I've got a complex strategy. It can't be reduced to a page.' That's nonsense. That's not a complex strategy. It's a complex thought about the strategy.
Leadership is a potent combination of strategy and character. But if you must be without one, be without the strategy.
The best way to predict the future is to create it.
You may not be interested in strategy, but strategy is interested in you.
In preparing for battle I have always found that plans are useless, but planning is indispensable.
In marketing I've seen only one strategy that can't miss - and that is to market to your best customers first, your best prospects second and the rest of the world last.
Plans are only good intentions unless they immediately degenerate into hard work.
Cutting prices or putting things on sale is not sustainable business strategy. The other side of it is that you can't cut enough costs to save your way to prosperity.
Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations.
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