The essence of strategy is choosing what not to do.
MICHAEL PORTER
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Some pitfalls to avoid
- Don't fall into the trap is to be paralyzed by the multitude of possibilities. Keep it simple and focus on two major uncertainties.
- Don't believe that you have to choose one particular scenario and build your strategy around it. Scenario planning is not about choosing j...
Day 53:
- First, the Columbus Strategy: Always make a bold demand. Set your price high and do not waver.
- Second, in a dignified way, go after the highest person in the building.
- David and Goliath Strategy: By choosing a great opponent, you create the appearance of greatness.
- Th...
Selective Ignorance
When it comes to focus, knowing what to ignore is as important — if not more — than what to focus on.
Selective ignorance is not about lack of knowledge of information. Instead, it’s intentionally choosing subjects, facts, people, that you do not wish to know about.
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