Strategy is simply resource allocation. When you strip away all the noise, that's what it comes down to. Strategy means making clear cut choices about how to compete. You cannot be everything to everybody, no matter what the size of your business or how deep its pockets.

For a large organization to be effective, it must be simple.

You talk about seeing around corners as an element of success. That's what differentiates the good leader. Not many people have it. Not many people can predict that corner. That would be a characteristic of great leaders.

Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later.

No company, small or large, can win over the long run without energized employees who believe in the mission and understand how to achieve it.

Real change agents comprise less than 10% of all business people.

Globalization is now no longer an objective but an imperative, as markets open and geographic barriers become increasingly blurred and even irrelevant.