Quotes on Business Strategy

Business strategy Quotes

“We don’t have much in the way of a business strategy. Like no business plan. Which I say to torment all my friends who are VCs or MBAs. That’s always entertaining. The deal is, it’s a mixture of luck and persistence.” – Craig Newmark

“To be strategic is to concentrate on what is important, on those few objectives that can give us a comparative advantage, on what is important to us rather than others, and to plan and execute the resulting plan with determination and steadfastness.” – Richard Koch

“An organization’s ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.” – Jack Welch

“Let’s execute along this strategy, but know that we’ll probably get some of this wrong, so be open to changing it.“ – A.G. Lafley

“Designing 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 Markides

“Good tactics can save even the worst strategy. Bad tactics will destroy even the best strategy.” – General George S. Patton Jr.

“Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.” – Sun Tzu

“The essence of strategy is choosing what not to do.” – Michael Porter

“The biggest risk is not taking any risk… In a world that changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” – Mark Zuckerberg

“The best way to predict the future is to invent it.” – Alan Kay

Operational strategy Quotes

“When we apply the principles of permaculture to business operations – we end up with more profitable businesses, more resilient businesses, and businesses that holistically add value to all stakeholders.” ― Hendrith Vanlon Smith Jr,

“Dreaming of being on Moon cannot get you there. It requires a focused & intelligent effort to achieve what you Dream.” ― Sakhardande N. V.

“Improvement usually means doing something that we have never done before.” ~Shigeo Shingo

“The thing is, continuity of strategic direction and continuous improvement in how you do things are absolutely consistent with each other. In fact, they’re mutually reinforcing.” ~Michael Porter

“Learning is not compulsory; it’s voluntary. Improvement is not compulsory; it’s voluntary. But to survive, we must learn.” ~W. Edwards Deming

“Everything can be improved.” ~Clarence W. Barron

“The Hacker Way is an approach to building that involves continuous improvement and iteration. Hackers believe that something can always be better, and that nothing is ever complete.” ~Mark Zuckerberg

Transformational Strategy Quotes

“The greatest danger in times of turbulence is not the turbulence – it is to act with yesterday’s logic.” – Peter Drucker

“There is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things.” – Niccolo Machiavelli

“The rate of change is not going to slow down anytime soon. If anything, competition in most industries will probably speed up even more in the next few decades.” – John P. Kotter

“Change is the law of life and those who look only to the past or present are certain to miss the future.” – John F. Kennedy

“Change has a bad reputation in our society. But it isn’t all bad – not by any means. In fact, change is necessary in life – to keep us moving, to keep us growing, to keep us interested. Imagine life without change. It will be static, boring, dull.” – Dr. Dennis O’Grady

“Whosoever desires constant success must change his conduct with the times.” – Niccolo Machiavelli

“Your success in life isn’t based on your ability to simply change. It is based on your ability to change faster than your competition, customers and business.” – Mark Sanborn

Business Models Quotes

“Startups don’t fail because they lack a product; they fail because they lack customers and a profitable business model.” – Steve Blank

“A business model describes how your company creates, delivers and captures value.” Steve Blank

“companies should focus on one of three value disciplines: operational excellence, product leadership, or customer intimacy.” ― Alexander Osterwalder,

“Information technology is at the core of how you do your business and how your business model itself evolves.” -Satya Nadella

“Money is available from investors as long as you have a great business model and a talented leader.” Masayoshi Son

Developing Strategy Quotes

“The difficulty lies not so much in developing new ideas as in escaping from old ones.”- John Maynard Keynes

“Camaraderie doesn’t happen by accident; developing a strong sense of trust, accountability, and togetherness around team goals requires intentional effort.” – Don Yaeger

“The essence of strategy is choosing what not to do.” — Michael E. Porter, American economist and founder of strategic management

“In real life, strategy is actually very straightforward. You pick a general direction and implement like hell.” — Jack Welch,

“The competitor to be feared is one who never bothers about you at all, but goes on making his own business better all the time.” — Henry Ford

Executing Strategy Quotes

A vision and strategy aren’t enough. The long-term key to success is execution. Each day. Every day. – Richard M. Kovacevich

Weak leadership can wreck the soundest strategy; forceful execution of even a poor plan can often bring victory. – Sun Tzu

Execution is the ability to mesh strategy with reality, align people with goals, and achieve the promised results. – Lawrence Bossidy

“Strategy is a pattern in a stream of decisions” —Henry Mintzberg

“The essence of strategy is choosing what not to do.” —Michael Porter

“We don’t like their sound, and guitar music is on the way out” —Decca Recording Co. rejecting the Beatles 1962

“Perception is strong and sight weak. In strategy it is important to see distant things as if they were close and to take a distanced view of close things” —Miyamoto Musashi,

Financial Management & Risk Quotes

“Risk management is about people and processes and not about models and technology.” – Trevor Levine

“Human beings, who are almost unique in having the ability to learn from the experience of others, are also remarkable for their apparent disinclination to do so.” – Douglas Adams

“When you find yourself in a hole, stop digging.” – Will Rogers

“My mission isn’t to make money in bull markets. My mission is to preserve capital.” – Michael Price

“Large losses are forever – in investing, in teenage driving, and in fidelity. If you avoid large losses with a strong defense, the winnings will have every opportunity to take care of themselves. And large losses are almost always caused by trying to get too much by taking too much risk.” – Charles Ellis

Global Strategy Quotes

The launch of the report coincides with the initiation by WHO of the global strategy for the prevention and control of osteoporosis, and I think a good partnership could be established in our common efforts to prevent osteoporosis. – Gro Harlem Brundtland

With liberalisation, Indian industry gained international exposure because of which it became imperative for companies to rework their strategies to become globally competitive. – Baba Kalyani

The period from 2002 to 2007 was probably our best period. We created a strategy to build global scale, footprints in each of the geographies and dramatically built our international business. – Baba Kalyani

A global brand building strategy is, in reality, a local plan for every market. – Martin Lindstrom

There will be hunters and hunted, winners and losers. What counts in global competition is the right strategy and success. – Heinrich von Pierer

Organizational Transformation Quotes

“The secret of change is to focus all of your energy not on fighting the old, but on building the new.” – Socrates

“Flexibility in times of great change is a vital leadership quality.” – Brian Tracy

“If you always do what you always did, you will always get what you always got.” – Anonymous

“You don’t change a culture by talking, you change it through action.” Mario Moussa

“Adults are much more likely to act their way into a new way of thinking than to think their way into a new way of acting.” Richard Pascale

“Culture isn’t just one aspect of the game. It is the game.” Louis V. Gerstner, Jr.

“Organizations are communities of human beings, not collections of human resources.” Henry Mintzberg

“There is nothing quite so useless as doing with great efficiency something that should not be done at all.” Peter Drucker

“Whatever got you here may well prevent you from getting there.” Marshall Goldsmith

“Change has a considerable psychological impact on the human mind. To the fearful it is threatening because it means that things may get worse. To the hopeful it is encouraging because things may get better. To the confident it is inspiring because the challenge exists to make things better.” – King Whitney Jr.

“Change is hard because people overestimate the value of what they have — and underestimate the value of what they may gain by giving that up.” – James Belasco & Ralph Stayer

Platforms & Ecosystems Quotes

In order for innovation to happen, a bunch of things that aren’t happening on closed platforms need to occur. Valve wouldn’t exist today without the PC, or Epic, or Zynga, or Google. They all wouldn’t have existed without the openness of the platform. – Gabe Newell

Digital disruption has blurred industry lines. You have industry convergence. You have cross-industry platforms. And you have CEOs who are benchmarking the best, regardless of industry. – Julie Sweet

Data is powerful and if it’s put in the wrong hands, it becomes a weapon. And we have to understand that companies like Facebook, and platforms like Facebook or Twitter, are not just social networking sites. They’re opportunities for information warfare.- Christopher Wylie

Disinformation has always existed. It’s not like all of a sudden we’ve just discovered this new thing called propaganda.- Christopher Wylie

For a photographer, sharks are a stirring subject, possessing a perfect blend of grace and power. They have been sculpted by evolution and are ideally suited for whichever ecosystem they inhabit, from coral reefs to the open ocean. – Brian Skerry

As somebody who participates in the overall PC ecosystem, it’s totally great when faster wireless networks and standards come out or when graphics get faster. Windows 8 was like this giant sadness. It just hurts everybody in the PC business. – Gabe Newell

The production of natural resources in agriculture, forestry and fisheries, stable natural hydrological cycles, fertile soils, a balanced climate and numerous other vital ecosystem services can only be permanently secured through the protection and sustainable use of biological diversity. – Sigmar Gabriel

People need to know that they have all the tools within themselves. Self-awareness, which means awareness of their body, awareness of their mental space, awareness of their relationships – not only with each other, but with life and the ecosystem. -Deepak Chopra

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. – Gary Hamel

Competitive Advantage Quotes

The ability to learn faster than competitors may be the only sustainable competitive advantage. – Arie de Geus

Make your product easier to buy than your competition, or you will find your customers buying from them, not you. – Mark Cuban

Your employees are your company’s real competitive advantage. They’re the ones making the magic happen-so long as their needs are being met. – Richard Branson

The most powerful natural species are those that adapt to environmental change without losing their fundamental identity which gives them their competitive advantage.- Charles Darwin

The greatest competitive advantage in our modern economy is a positive and engaged brain.- Shawn Achor

In a world where routine production is footloose…competitive advantage lies not in one-time breakthroughs but in continual improvements. Stable technologies get away. – Robert Reich

Conversation creates a new kind of network within organizations. Current networks are used for competitive advantage, but conversation is focused on encouraging people to realize their potential. – Theodore Zeldin

A society’s competitive advantage will come not from how well its schools teach the multiplication and periodic tables, but from how well they stimulate imagination and creativity. – Albert Einstein

Effective leadership is the only competitive advantage that will endure. That’s because leadership has two sides- what a person is character and what a person does- competence. – Stephen Covey

Our behavior is driven by a fundamental core belief: the desire, and the ability, of an organization to continuously learn from any source, anywhere; and to rapidly convert this learning into action is its ultimate competitive advantage. – Jack Welch

Industry Structure and Profitability Quotes

“The greatest thing in this world is not so much where we stand as in what direction we are moving.” – Johann Wolfgang von Goethe, writer/statesman

“And the day came when the risk to remain tight in a bud was more painful than the risk it took to blossom.” – Anaïs Nin, writer

“Only those who will risk going too far can possibly find out how far one can go.” – T.S. Eliot, author

“The only way you are going to have success is to have lots of failures first.” – Sergey Brin, co-founder, Google

“If you don’t build your dream, someone else will hire you to help them build theirs.” – Dhirubhai Ambani, founder, Reliance Industries

“I do not know the word ‘quit.’ Either I never did, or I have abolished it.” – Susan Butcher, sled dog racer

“Play by the rules, but be ferocious.” – Phil Knight, founder, Nike

Generic competitive strategies Quotes

And so if your competitors aren’t growing, if there isn’t a competitive reason to grow, and you want focus and discipline to add customers to existing stores, you adjust your strategy. – Jim Cantalupo

It is very important for people to understand that the United States of America and no country around the world can devalue its way to prosperity, to be competitive. It is not a viable, feasible strategy, and we will not engage in it. – Timothy Geithner

Marketing strategy is a series of integrated actions leading to a sustainable competitive advantage. – John Sculley

The best strategy for building a competitive organization is to help individuals become more of who they are. – Marcus Buckingham

Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value. – Michael Porter

Value Chain Quotes

“The real competition is between supply chains, not companies.” Martin Christopher

“The line between disorder and order lies in logistics…” — Sun Tzu

In an era of global value chains, worldwide sourcing and the never-ending search for new markets, we must be careful to avoid the proliferation of regional standards. A multilateral approach holds wider benefits for more actors. – Roberto Azevedo
We put a gender lens on our whole value chain.- Paul Polman

Mexico has acquired unique experience during its integration into global value chains, especially in the automotive industry. – Enrique Pena Nieto

As we battle the high price of fuel, cost efficiency will continue to be a top priority not only for airlines but for every partner in the value chain including airports and air navigation service providers. – Giovanni Bisignani

From an operational perspective, exports challenge companies to design, develop, manufacture and supply products to discerning customers in global markets. This, in turn, motivates companies to scale up the value chain, which results in higher realisations. – Baba Kalyani

Core Competence Quotes

If you want to be successful, don’t seek success – seek competence, empowerment; do nothing short of the best that you can do. – Jaggi Vasudev

Trust is a function of two things: character and competence. Character includes your integrity, your motive and your intent with people. Competence includes your capabilities, your skills, and your track record. Both are vital. – Stephen Covey

Competence means keeping your head in a crisis, sticking with a task even when it seems hopeless, and improvising good solutions to tough problems when every second counts. It encompasses ingenuity, determination and being prepared for anything. -Chris Hadfield

We didn’t have our online service developed. We had never shipped a console game before as a company. So we were developing a lot of new competencies as a company and assembling a new team. – J Allard

Literature adds to reality, it does not simply describe it. It enriches the necessary competencies that daily life requires and provides; and in this respect, it irrigates the deserts that our lives have already become. – C. S. Lewis

He lives out in Orchard Park. I mean, to be able to sit on the bench so patiently, for whatever part, and to be able to get up and do something, with such heroic competencies would be great. – Robert Creeley

Engaging in social business is beneficial to a company because it leverages on business competencies to address social issues, involves one-time investment with sustainable results, and produces other positive effects such as employee motivation and improved organizational culture. – Muhammad Yunus

One of the big changes at the heart of Web 2.0 is the shift from the creation of software artifacts, which is what the PC revolution was about, to the creation of software services. These are services that ultimately, if they are successful, will require competencies of operation, of scale, and the like. – Tim O’Reilly

Strategic Thinking Quotes

Strategic thinking rarely occurs spontaneously – Michael Porter

Analysis Is the Critical Starting Point of Strategic Thinking – Kenichi Ohmae

However beautiful the strategy, you should occasionally look at the results. – Winston Churchill

There’s a conventional wisdom that says that strategic thinking is much more important than relationship building, which doesn’t seem to be nearly as highly valued as it should be, based on what some of the leaders that I’ve spoken with have said to me. – Tom Rath

Strategic thinkers were naturally rattled to find this outsider fooling around with their work. They had been thinking strategically when Reagan was just another movie actor playing opposite a chimpanzee, for heaven’s sake. They think Reagan is too naive, too innocent, to grasp the intellectual complexities of cold war strategy. – Russell Baker

We have zero strategic thinking out of our White House. And we have a national security structure that has lost its way when it comes to strategic thinking and strategic decision-making. – Michael T. Flynn

A dream is the frame or portrait or a construction or focus of one’s vision by means of perception, based on what he or she knows and settles within via strategic thinking. – Israelmore Ayivor

I believe that Hillary Clinton is one of the best prepared people in our history to enter the Oval Office, with her vision, her knowledge, her experience, her strategic thinking, her connection to the American people. – Nancy Pelosi

Strategic Planning Quotes

“Strategy is not about competing for the present, but competing for the future. It’s about understanding that non-linear change means anticipating & appealing to customer discontinuity.” Vijay Gvindarajan

“The essence of strategy is choosing what not to do.” Michael Porter

“A great strategy is born of constraint.” Terry O’Reilly

“A goal should scare you a little, and excite you A LOT.” Joe Vitale

“A goal is a dream with a deadline.” Ken Blanchard

“Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.” Michael Porter

“Hope is not a strategy.” Vince Lombardi

“In reality strategy is actually very straightforward. You pick a general direction and implement like hell.” Jack Welch

“Strategy is about setting yourself apart from the competition. It’s not a matter of being better at what you do – it’s a matter of being different at what you do.” Michael Porter

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