Investment Decisions And Personal Decisions

A Question That Often Comes Up At Times Of Strategic Transformation Is, Should You Pursue A Highly Focused Approach, Betting Everything On One Strategic Goal, Or Should You Hedge? ... Mark Twain Hit It On The Head When He Said, Put All Of Your Eggs In One Basket And Watch That Basket.

I Have Been Quoted Saying That, In The Future, All Companies Will Be Internet Companies. I Still Believe That. More Than Ever, Really

In The First Round Of Work Simplification...you Can Reasonably Expect A 30 To 50 Percent Reduction...to Implement The Actual Simplification, You Must Question Why Each Step Is Performed. Typically, You Will Find That Many Steps Exist In Your Work Flow For No Good Reason. Often They Are There By Tradition Or Because Formal Procedure Ordains It, And Nothing Practical Ordains It.

Activity Is Not Output.

You Have To Understand What It Is That You Are Better At Than Anybody Else And Mercilessly Focus Your Efforts On It.