strategic-management

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“Notable Quotes”
"The greatest strategy is doomed if it’s implemented
badly."
—Bernard Reimann
"There is no ‘perfect’ strategic decision. One always has
to pay a price. One always has to balance conflicting
objectives, conflicting opinions, and conflicting priorities.
The best strategic decision is only an approximation—
and a risk."
—Peter Drucker
"The real question isn’t how well you’re doing today
against your own history, but how you’re doing against
your competitors."
—Donald Kress
"As market windows open and close more quickly, it is
important that R&D be tied more closely to corporate
strategy."
—William Spenser
Assurance of
Learning Exercise 8E
Developing a Product-
Positioning Map for My
University
Assurance of
Learning Exercise 8F
Do Banks Require Projected
Financial Statements?
"Most of the time, strategists should not be formulating
strategy at all; they should be getting on with implementing
strategies they already have."
—Henry Mintzberg
"It is human nature to make decisions based on emotion,
rather than on fact. But nothing could be more illogical."
—Toshiba Corporation
"No business can do everything. Even if it has the money,
it will never have enough good people. It has to set
priorities. The worst thing to do is a little bit of everything.
This makes sure that nothing is being accomplished.
It is better to pick the wrong priority than
none at all."
—Peter Drucker