The essence of strategy is choosing what not to do.— Michael Porter
Powerful Strategic Management quotations
Management is doing things right; Leadership is doing the right things.
The greatest danger in times of turbulence is not the turbulence;
it is to act with yesterday's logic.
Strategic planning is not strategic thinking.
Indeed, strategic planning often spoils strategic thinking, causing managers to confuse real vision with the manipulation of numbers.
Until we can manage time, we can manage nothing else.
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.
Strategic management is not a box of tricks or a bundle of techniques.
It is analytical thinking and commitment of resources to action. But quantification alone is not planning. Some of the most important issues in strategic management cannot be quantified at all.
The marathon is all about energy management.
I had planned to run it like a track race with strategic surges to blow up my competitors by putting them into oxygen debt, so that is the way I prepared.
If you want to improve how you manage your time, stop doing what doesn't need to be done.
Management is efficiency in climbing the ladder of success
Strategic planning for projects management using a project management maturity model
To be a leader in this new economy, you have to love risk-which means patterning your life on the heroic, not on the strategic. Acting boldly is better than acting knowingly.
Be happy with the little you have, there are some people with nothing who still manage to smile
Many organizations help businesses to stay on top of what's changing or likely to change. It's important for executives and managers who focus on a company's health coverage to stay up-to-speed on what's happening, and it's important for those in the C-suite to understand the changes to factor these new variables into their strategic planning calculus.
The outstanding people realized that the job involved more than just writing a good strategic plan. It was also important that top management should understand the plan and be prepared to adopt it.
I think stupidity in business is really an interesting thing.
What winds up happening is a disconnect between your company's strategic management and then your more applied on-the-street management. I guarantee with you that the board of directors of most companies has no idea what the costs of hiring people really is in the HR department.
Entrepreneurship isn't about luck, it's about vision, time management, creativity, determination and goals.
From a geo-strategic point of view, I consider Iran a bigger problem than the Islamic State. ISIS is a group of adventurers with a very aggressive ideology. But they have to conquer more and more territory before they can became a geo-strategic, permanent reality. I think a conflict with ISIS - important as it is - is more manageable than a confrontation with Iran.
The madman theory can work, but it only works if it's strategic.
And I think one of the problems that President Trump faces is people don't really know how much strategy is here and how much is he just sort of talking off the top of his head. And I think North Korea is a really classic case of a potentially insoluble problem, a problem that you have to manage.
The number one thing I urge people to remember is it is all about being scientific about managing strategic uncertainty, while striking the important balance between being thorough and being flexible.
How you manage truth greatly affects how you manage your life.
I do not know whether the Government will be able to get ready to conduct this transaction together with the management of Rosneft itself, whether the appropriate strategic investors will be found. And I believe it is about such investors that we should talk. But we are getting ready, and it is in the current year that we are planning to do this.
In the current situation, particular attention should be given to the quality of financial and economic management. The Government and the Central Bank should have a strategic action plan
If someone says you're not strategic, try to figure out what that means and then tell him or her to go to hell.
If you pick the right people and give them the opportunity to spread their wing and put compensation as a carrier behind it. you almost don't have to manage them.
If the technology cannot shoulder the entire burden of strategic change, it nevertheless can set into motion a series of dynamicsthat present an important challenge to imperative control and the industrial division of labor. The more blurred the distinction between what workers know and what managers know, the more fragile and pointless any traditional relationships of domination and subordination between them will become.
More broadly, strategic alliances are more difficult to manage and coordinate than single ventures; the potential for misunderstanding and disagreement, particularly between partners from different cultures, is great. Certainly many such alliances are short lived.
I work strategically with my management team to make all decisions.
Management is doing things right, Leadership is doing right things.
Give serious thought to why your company should care about your strategy.
Specifically, find problems that the board wants to be solved. What are senior managers scared of? Part of becoming a credible strategic thinker is learning effective approaches to selling ideas for your situation. You’ll know that you’re getting better at selling (or pitching) strategy when managers start coming to you when there is strategic thinking to be done.