We need to move from comparative advantage to perpetual advantage...
Following the rules of your industry will only get you so far.
Change is not overcoming inertia as much as it is redirecting, guiding, tweaking what already is and what has already happened. We must believe that we can make choices and that those choices can alter the future.
All failure is failure to adapt, all success is successful adaptation.
The task of the strategist and leadership team is to reduce uncertainty in the areas that they can directly influence in order to pursue attractively difficult objectives.
Change is inevitable, progress is not.
Brilliant strategy is the best route to desirable ends with available means.
With a clever strategy, each action is self-reinforcing. Each action creates more options that are mutually beneficial. Each victory is not just for today but for tomorrow.
Strategy is not a solo sport, even if you’re the CEO.
If you change the rules of the market, you can be more successful than your competitors.
The smart strategist allows strategy to be shaped by events. Good reactions can make great strategy. Strategy involves competition of goals, and the risk is the difference between those goals and the ability of the organization to achieve them. So part of the risk is created by the strategy.
A great strategy meeting is a meeting of minds.
Our need for innovation has shifted power closer to the source of that power-Us. We are the future.
Innovation is new stuff that is made useful.
Corporate strategy is usually only useful if you get people engaged with helping you to make it work.
Whenever a maker and a thinker get together, really cool stuff happens.
Strategy is about shaping the future.
Doing nothing requires effort. Over time, that effort is greater than the effort necessary to improve, or move somewhere better. The trick is to redirect energy.
Strategists who don’t take time to think are just planners.
What are you doing at the moment? How does that compare to your competitors? What do you want to achieve? How can you create something people want?