Learn more about strategy with this collection
How to break bad habits
How habits are formed
The importance of consistency
223
285 reads
MORE IDEAS ON THIS
221
596 reads
Pivot points magnify the effects of focused energy; a small adjustment can unleash pent up energy.
In Japan, customers want variety, so they have hundreds of food varieties that constantly change.
In China, customers want service, so their stores are spotless.
227
412 reads
A bad strategy isn’t miscalculation, it’s avoiding the hard work of crafting a good strategy. Good strategy means making priority choices.
Sources of bad strategy:
235
844 reads
250
1.3K reads
227
275 reads
224
249 reads
225
857 reads
226
237 reads
226
269 reads
244
991 reads
227
229 reads
Airline deregulation: Even after deregulation ended, airlines used the same rules of thumb they’d used during the period of regulation
225
227 reads
Interesting advantages are ones that you can increase with strateg...
227
247 reads
This is the idea that positive thoughts help you achieve outcomes. Examples include The Power of Positive Thinking, Tony Robbins, Christian Science.
Success doesn’t come from New Thought. Ford didn’t have a unique vision of building a car for the masses nor was his vision particularly share...
225
492 reads
A good strategy works by harnessing power and applying it where it will have the greatest effect.
The fundamental sources of power:
238
609 reads
230
250 reads
Consider the habits, preferences, and policies of others together with inertias and constraints on change
Focus on the predictable downstream effects of changes that have taken place
Example: Toyota built hybrid engines because they foresaw that higher oil prices would create dema...
226
452 reads
226
340 reads
254
2.09K reads
Success isn’t just about what your organization does, it’s also about blocked or failed competition
For example, in setting cold war strategy, it made little sense to match Soviet capabilities. The best method was to build on our strengths in ways that were aimed at their weaknesses.
...
234
1.4K reads
Systems have a chain-link logic when performance is limited by the weakest subunit or link.
Improving a single link does not improve the results of the system as a whole unless the weakest link is improved
Merely creating more pressure for higher profits wouldn’t solve the problem bec...
224
284 reads
226
246 reads
Even after AT&T lost its position as a regulated monopoly, its old non-competitive routines stayed in place even after management wanted to shift the company to a competitive footing
Fix this by simplifying the organizational structure. This will illuminate the inefficienci...
224
227 reads
227
636 reads
To generate a strategy, one must put aside the comfort and security of pure deduction and launch into the murkier waters of induction, analogy, judgment, and insight.
Thinking it through can be done by using one or more of the following approaches:
227
268 reads
237
533 reads
Focus is attacking a segment of the market with a system supplying more value to that part of the market than anyone else can.
To find a company’s focus, look at its distinctive policies and ask what all of those policies are aimed at.
Many large companies have no strategy and no focu...
225
254 reads
A proximate objective names a target that the organization can hit or even overwhelm
Example: Engineers can’t work without a specification, so set something determinate as a goal even if you’re not exactly sure what you need.
The US decided that the space race was about...
225
292 reads
CURATED FROM
Strategy is the craft of figuring out which purposes are both worth pursuing and capable of being accomplished
“
Related collections
More like this
Investors don’t seem to care so much about a company’s assets or how much money it makes in the present, they're most interested in seeing growth. But after the core business matures, growth usually plateaus. This is the time to work on new growth opportunities, ...
Goals are grouped into two main clusters:
Major personal decisions should be made not by asking if it will make you happy, but if this choice will enlarge or diminish you.
We are not good at predicting what will make us happy - it makes us concentrate on our narrow preferences for security and control. Focusing on enlarge...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving & library
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Personalized recommendations
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates