Jack Welch Leadership, Management
Price is what you pay. Value is what you get.” Warren Buffett
Price is what you pay. Value is what you get.”
Now leadership as well as organization becomes subordinate to the external environment. Indeed, as we have moved through the various schools, the power of the central strategist has gradually diminished. Henry Mintzberg
Now leadership as well as organization becomes subordinate to the external environment. Indeed, as we have moved through the various schools, the power of the central strategist has gradually diminished.
“While investors and managers must place their feet in the future, their memories and nervous systems often remain plugged into the past. ” Warren Buffett
“While investors and managers must place their feet in the future, their memories and nervous systems often remain plugged into the past. ”
Creativity thrives on inconsistency-by finding new combinations of hitherto separate phenomena. Henry Mintzberg
Creativity thrives on inconsistency-by finding new combinations of hitherto separate phenomena.
Efficiency is doing the thing right. Effectiveness is doing the right thing. Peter Drucker
Efficiency is doing the thing right. Effectiveness is doing the right thing.
Thus strategic intent sets general direction, defines emerging market opportunities, and provides a rallying cry for employees. Boisot sees particular value in this concept in situations of environmental uncertainty. Henry Mintzberg
Thus strategic intent sets general direction, defines emerging market opportunities, and provides a rallying cry for employees. Boisot sees particular value in this concept in situations of environmental uncertainty.
Learning is not doing; it is reflecting on doing. Henry Mintzberg
Learning is not doing; it is reflecting on doing.
The main role of strategy is to chart the course of an organization in order for it to sail cohesively through its environment. Henry Mintzberg
The main role of strategy is to chart the course of an organization in order for it to sail cohesively through its environment.
When the world changes, managers need to share some common view of the new world. Otherwise, decentralized strategic decisions will result in management anarchy. Henry Mintzberg
When the world changes, managers need to share some common view of the new world. Otherwise, decentralized strategic decisions will result in management anarchy.
The strategy must provide for the creation and/or maintenance of a competitive advantage in the selected area of activity. Henry Mintzberg
The strategy must provide for the creation and/or maintenance of a competitive advantage in the selected area of activity.
In one sense, the entrepreneurial school, like the positioning school, grew out of economics. The entrepreneur figures prominently in neoclassical economic theory. Henry Mintzberg
In one sense, the entrepreneurial school, like the positioning school, grew out of economics. The entrepreneur figures prominently in neoclassical economic theory.
To be successful, a company should have a portfolio of products with different growth rates and different market shares. The portfolio composition is a function of the balance between cash flows. Henry Mintzberg
To be successful, a company should have a portfolio of products with different growth rates and different market shares. The portfolio composition is a function of the balance between cash flows.
