“For example: (1) As if governed by Newton's First Law of Motion, an institution will resist any change in its current direction; (2) Just as work expands to fill available time, corporate projects or acquisitions will materialize to soak up available funds; (3) Any business craving of the leader, however foolish, will be quickly supported by detailed rate-of-return and strategic studies prepared by his troops; and (4) The behavior of peer companies, whether they are expanding, acquiring, setting executive compensation or whatever, will be mindlessly imitated.” IfsFirstsLawCompanyLeaderStudyExampleReturnBehaviorProjectsInstitutionsPreparedRateCurrentsAvailableFoolishSettingSettingsCorporateFundExecutivesTroopsPeersExpandingCravingCompensationStrategicNewtonAcquisitionLaws Of MotionExecutive Compensation Book:Warren Buffett on Business: Principles from the Sage of Omaha Source: Warren Buffett on Business: Principles from the Sage of Omaha
“I nationalize strategic companies and get criticized, but when Bush does it, it's OK. ... Bush is turning socialist. How are you, comrade Bush?” DoeCompanySocialistStrategicComrade Author:Hugo Chavez
“When you're building a company, you need to continually strengthen every component - finance, strategic partnerships, executive team, and relationships with every last constituency.” NeedsLastsCompanyTeamBuildingFinanceExecutivesPartnershipComponentsStrategic Author:Michael J. Saylor
“The industrial landscape is already littered with remains of once successful companies that could not adapt their strategic vision to altered conditions of competition.” ChangeCompanyVisionSuccessfulConditionsRemainsCompetitionLandscapeStrategicAlteredSuccessful CompanyStrategic Vision Author:Ralph Abernathy
“Wright is a visionary with a great strategic mind, and he's a strong business leader with outstanding people skills, ... He's a terrific guy and will be a key force in guiding the company's future growth.” PeopleInspirationalMindGuyStrongForceGrowthCompanyLeaderKeysSkillsTerrificStrategicOutstandingVisionariesBusiness LeadersPeople SkillsFuture Growth Author:Jack Welch
“...there is no more strategic issue for a company, or any organization, than its ultimate purpose. For those who think business exists to make a profit, I suggest they think again. Business makes a profit to exist. Surely it must exist for some higher, nobler purpose than that.” ThinkingPurposeBusinessExistenceCompanyIssuesHigherUltimateOrganizationEntrepreneurProfitStrategicNoble Causes Author:Ray Anderson
“Under the current U.S. policy, because of this power struggle, American oil companies can't do business with Iran. So I think the ultimate goal of the U.S. administration in Iran is regime change, to put into power a pro-Western government that will eliminate the strategic challenge to U.S. interests and, at the same time, allow the lifting of sanctions and allowing American oil companies to do business with Iran.” ThinkingGovernmentGoalInterestChallengesCompanyStrugglePolicyUltimateWesternCurrentsOilAdministrationIranAllowingRegimesStrategicLiftingSanctionsUltimate GoalOil CompaniesPower StruggleRegime Change Author:Michael Klare
“The sole purpose of strategic planning is to enable the company to gain, as effectively as possible, a sustainable edge over its competitors.” PurposeCompanyGainsEdgesPlanningOver ItSoleCompetitorsStrategicStrategic PlanningBusiness Plan Author:Kenichi Ohmae