We like to believe we can break strategy down to Five Forces or Seven Ss. But you can't. Strategy is extraordinarily emotional and demanding.

Innovation is the fuel for growth. When a company runs out of innovation, it runs out of growth.

It's important to remember that innovators in business don't always get a platform.

It doesn't matter much where your company sits in its industry ecosystem, nor how vertically or horizontally integrated it is - what matters is its relative 'share of customer value' in the final product or solution, and its cost of producing that value.

We like to believe we can break strategy down to Five Forces or Seven Ss. But you can't. Strategy is extraordinarily emotional and demanding.

Strategy is, above all else, the search for above average returns.

Online hierarchies are inherently dynamic. The moment someone stops adding value to the community, his influence starts to wane.