Strategy cannot guarantee success but can improve the chance of success significantly.
The real challenge in crafting strategy lies in detecting subtle discontinuities that may undermine a business in the future. And for that there is no technique, no program, just a sharp mind in touch with the situation.
Sometimes strategies must be left as broad visions, not precisely articulated, to adapt to a changing environment.
Strategy is all about what to do and what not to do and Strategy Execution is all about how to do it well.
Strategy is about out-thinking your competition. Mark Zuckerberg, while at Harvard, built a website called Facemash ‘for fun’. Even today, Facebook believe that ‘done is better than perfect’.
Insanity: doing the same thing over and over again and expecting different results You have to learn the rule of the game. And then you have to play better than anyone else.
Do not repeat the tactics which have gained you one victory, but let your methods be regulated by the infinite variety of circumstances
Strategy is the art of making use of time and space. I am less chary of the latter than the former; space we can recover, time never.
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.