Popular quotes about Strategy! Wisdom and inspiration are here!
The single most damaging misconception about strategy is that it is a set of financial performance goals. The so-called "strategies" created by many managements are nothing more than three-to-five year financial performance forecasts. They are then labeled "strategy" and shipped off to the board of directors which goes through the motions of discussing how big the numbers are. Strategy is not your aspirations. Strategy is concerned with how you will arrange your actions and resources to punch through the challenges you face.
Richard P. RumeltIt is crucial to have a strategy in place before problems hit, precisely because no one can accurately predict the future direction of the stock market or economy. Value investing, the strategy of buying stocks at an appreciable discount from the value of the underlying businesses, is one strategy that provides a road map to successfully navigate not only through good times but also through turmoil.
Seth KlarmanI believe that you have to understand the economics of a business before you have a strategy, and you have to understand your strategy before you have a structure. If you get these in the wrong order, you will probably fail.
Michael DellWhat is basic guerilla strategy? Guerilla strategy must be based primarily on alertness, mobility, and attack. It must be adjusted to the enemy situation, the terrain, the existing lines of communication, the relative strengths, the weather, and the situation of the people.
Mao ZedongThe opportunities and threats existing in any situation always exceed the resources needed to exploit the opportunities or avoid the threats. Thus, strategy is essentially a problem of allocating resources. If strategy is to be successful, it must allocate superior resources against a decisive opportunity.
William CohenThe realization of a sustainable economic development strategy for Maine's Native American communities has always been a priority and a critical element of my administration's overall economic development strategy.
John BaldacciDesigning a winning strategy is the art of asking questions, experimenting and then constantly renewing the thinking process by questioning the answers. No matter how good today's strategy is, you must always keep reinventing it.
Constantinos C. MarkidesIn keeping with his cryptic nature, all your Story Weaver said was 'The horses know where to go.' It's certainly not a military strategy I would use, but I've learned that the south uses its own strategy. And, strangely enough, it works.
Maria V. SnyderJapan's diplomatic efforts could have had a broader international perspective. Relations with the U.S. are, of course, the cornerstone of Japan's diplomacy, but the U.S. acts on its global strategy. For instance, Washington suddenly got closer to China in the early 1970s as part of its strategy against the Soviet Union.
Sadako OgataThe best strategy is a balance between having a deliberate one, and a flexible, or emergent strategy.
Clayton ChristensenA good strategy focuses efforts on a target, and that focus can only be achieved by not diffusing energy in other directions - that is the meaning of Michael Porter's dictum of "choosing what not to do." At the same time, a good strategy chooses the right target to focus on, not wasting the focus of energy on a target that cannot be affected or that is unimportant - that is the meaning of Drucker's distinction between efficiency and effectiveness.
Richard P. RumeltThe greenest fuels are the ones that contain the most energy per pound of material that must be mined, trucked, pumped, piped, and burnt. [In contrast], extracting comparable amounts of energy from the surface would entail truly monstrous environmental disruption.... The greenest possible strategy is to mine and to bury, to fly and to tunnel, to search high and low, where the life mostly isn't, and so to leave the edge, the space in the middle, living and green.
Peter W. HuberPart of strategy is figuring out what you're good at, figuring out what you're not good at, and then getting yourself in position to succeed by doing mostly what you have a competitive advantage doing.
Jeffrey PfefferWe're doing some very exciting, bold things, pioneering content on mobile and for broadband, ... My vision is to say, as we take the strategy forward, we are doing it to deliver public remit. We're thinking less and less about C4 and more about the brand family.
Tim DuncanA successful economic development strategy must focus on improving the skills of the area's workforce, reducing the cost of doing business and making available the resources business needs to compete and thrive in today's global economy.
Rod BlagojevichIn response to skyrocketing gas prices, liberals say, practically in unison, 'We can't drill our way out of this crisis.' What does that mean? This is like telling a starving man, 'You can't eat your way out of being hungry!' 'You can't water your way out of drought!' 'You can't sleep your way out of tiredness!' 'You can't drink yourself out of dehydration!' Seriously, what does it mean? Finding more oil isn't going to increase the supply of oil? It is the typical Democratic strategy to babble meaningless slogans, as if they have a plan. Their plan is: the permanent twilight of the human race.
Ann CoulterWe see political leaders replacing moral imperatives with a Southern strategy. We have seen all too clearly that there are men-now in power in this country-who do not respect dissent, who cannot cope with turmoil, and who believe that the people of America are ready to support repression as long as it is done with a quiet voice and a business suit. And it is up to us to prove that they are wrong.
John LindsayPeople know what happened in California, and they know it can happen again and again. They know that no group has passed more ballot measures than we have. They know we have a focused strategy. They know we have a budget of $150 million a year. And they know we're ready for a fight.
Wayne PacelleNobody that I know really likes the feeling of having no power and not being able to influence people. But most of us aren't too conscious of what we are trying to do and get that control and that power so people end up sort of playing all kinds of unconscious manipulative games or they're sort of half aware, they have an idea of a strategy or goal they want to use and they think about it. But then in the heat of the moment, it kind of all flies out the window.
Robert GreeneWe never really know what we want until after we get it. If after we get it, it makes life more miserable, we know that isn't what we wanted. If it makes our life wonderful, we know this is a strategy which will meet out need. That's why Paul Tillich, the theologian says we need to sin courageously. You ask for what you want, hoping to meet your needs. If you get it and it makes life worse, you learn that this isn't what I want.
Marshall B. RosenbergThe big picture is: the main thing you should be concerned about in the future are incremental returns on capital going forward. As it turns out, past history of a good return on capital is a good proxy for this but obviously not foolproof. I think this is an area where thoughtful analysis can add value to any simple ranking/screening strategy such as the magic formula. When doing in depth analysis of companies, I care very much about long term earnings power, not necessarily so much about the volatility of that earnings power but about my certainty of "normal" earnings power over time.
Joel GreenblattThe promotion of human rights remains the most effective strategy for eliminating inequalities between countries and social groups, and for increasing security.
Pope Benedict XVIOccasionally we are asked whether it would make sense to modify our investment strategy to perform better in today's financial climate. Our answer, as you might guess, is: No! It would be easyfor us to capitulate to the runaway bull market in growth and technology stocks. And foolhardy. And irresponsible. And unconscionable. It is always easiest to run with the herd; at times, it can take a deep reservoir of courage and conviction to stand apart from it. Yet distancing yourself from the crowd is an essential component of long-term investment success.
Seth KlarmanThe game of chess is a metaphor for life... it teaches you strategy and it teaches you the value of knowing where you are, where you want to get to and what obstacles are in the way that you need to navigate in order to get there.
Lupita Nyong'oDon't have any meetings about your web strategy. Just do stuff. First you have to fail, then you can improve.
Seth GodinThe most creative social strategy we have to offer is the church. Here we show the world a manner of life the world can never achieve through social coercion or governmental action. We serve the world by showing it something that it is not, namely, a place where God is forming a family out of strangers.
Stanley HauerwasWe're going to get gored to death by a feral fugging hog and your best strategy is to pretend it's a grizzly bear?
John GreenOrganizations aren't loyal; they can't be. They have to be nimble, they have to change. That means everybody in every organization will have one eye on his or her own brand, and the other eye on the organization of which he or she is a part. And the first loyalty - self-loyalty - is becoming more and more dominant, simply as a survival strategy. I'm in no way blaming anyone here; this is just simply a fact of life.
Robert ReichDo not analyze things to death. Sometimes the best strategy is, "Ready, fire, aim." Do it first , then make adjustments. The answer lies in action-not in words.
Philip Toshio SudoThe beauty of moving naturally, i.e. walking and gardening, is they're low impact. You're less likely to fall down and break a hip. Setting up your life so you're nudged into general physical activity every day is a strategy for your entire life from age 10 to 100.
Dan BuettnerFinally, I decided that the proper strategy was to stare back. Boys do not have a monopoly on the Staring Business.
John GreenGu was a worrier, a neurotic curmudgeon. If he had a headache, it was a brain tumor; if it looked like rain, this year's harvest was ruined. This was his way of controlling the situation, his lifelong strategy for always coming out ahead. Now, when reality looked more dire than any of his fatalisitic predictions, he had no choice but to turn tail and charge in the opposite direction.
Max BrooksWith their endless vacations and pint-sized workweeks, Europe can't produce enough of anything - including more Europeans - to save themselves from doom. So the French and Germans have only one realistic strategy when it comes to revitalizing their comatose economies: Wait for the U.S. economy to rise high enough to float their petits bateaux.
Denis BoylesOnly a few businesses will succeed by having the lowest price, so most will need a strategy that includes customer services.
Bill GatesTalent is the No. 1 priority for a CEO. You think it's about vision and strategy, but you have to get the right people first.
Andrea JungLook at a football field. It looks like a big movie screen. This is theatre. Football combines the strategy of chess. It's part ballet. It's part battleground, part playground. We clarify, amplify and glorify the game with our footage, the narration and that music, and in the end create an inspirational piece of footage.
Steve SabolI'm not a policy and a strategy guy. I'm - you know, the military basically supports what the president wants, the decisions that he makes.
Michael MullenPrayer is a practical strategy, the gaining of temporal advantage in the capital markets of Sin and Remission.
Don DeLilloIn some ways, getting away from the headquarters and having a little time to reflect allows you to find errors in your strategy. You get to rethink things. Often, that helps me correct a mistake that I made or someone else is about to make.
Larry EllisonHumans are a great survivor species but our survival will be pretty grim if all of the plants and animals we depend on die out. That's why any human survival strategy has to include a plan to maintain our environment roughly in the state that it's in now.
Annalee NewitzI wish you would stop and seriously consider, as a broad and long-term feminist political strategy, the conversion of women to a woman-identified and woman-directed sexuality and eroticism, as a way of breaking the grip of men on women's minds and women's bodies, of removing women from the chronic attachment to the primary situations of sexual and physical violence that is rained upon women by men, and as a way of promoting women's firm and reliable bonding against oppression. . . .
Marilyn FryeThe transaction reflects our disciplined strategy of investing capital in core businesses where we can leverage scale and expertise for competitive advantage. In addition to being a great strategic fit, the deal is compelling financially.
Jamie DimonI was six when my mother taught me the art of invisible strength. It was a strategy for winning arguments, respect for others, and eventually, thought neither of us knew it at the time, chess games... "Come from the South, blow from the wind - poom! - North will follow. Strongest wind cannot be seen."
Amy Tan