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“when everybody owns the challenge of generating results, very few stones get left unturned, and value is created at all levels.”
― Lessons from Private Equity Any Company Can Use
― Lessons from Private Equity Any Company Can Use
“Don’t let your company default to the kind of numbers that your enterprise resource planning (ERP) system is likely to grind out. Instead, look for data that will help you understand whether a specific initiative is succeeding according to the most relevant metrics.”
― Lessons from Private Equity Any Company Can Use
― Lessons from Private Equity Any Company Can Use
“a measure of “declining sales” certainly points to a problem, but “revenue churn”—specifically, how many customers canceled contracts—tells management where to intervene.”
― Lessons from Private Equity Any Company Can Use
― Lessons from Private Equity Any Company Can Use
“just as a brilliant strategy is worthless unless it is implemented, a powerful strategic principle is of no use unless it is communicated effectively. When CEO Jack Welch talks about aligning employees around GE’s strategy and values, he emphasizes the need for consistency, simplicity, and repetition.”
― HBR's 10 Must Reads on Strategy
― HBR's 10 Must Reads on Strategy
“The blueprint set concrete revenue and profit growth targets for each of a dozen clusters of high-priority customers, ranked by potential value.”
― Lessons from Private Equity Any Company Can Use
― Lessons from Private Equity Any Company Can Use
“When a strategic principle is well crafted and effectively communicated, managers at all levels can be trusted to make decisions that advance rather than undermine
company strategy.”
― HBR's 10 Must Reads on Strategy
company strategy.”
― HBR's 10 Must Reads on Strategy
“in general, strategy should be reviewed every quarter and updated every year.”
― HBR's 10 Must Reads on Strategy
― HBR's 10 Must Reads on Strategy
“GLOBE initiative,”
― Lessons from Private Equity Any Company Can Use
― Lessons from Private Equity Any Company Can Use
“Many of the best and most conspicuous examples of strategic principles come from companies that were founded on them, companies such as eBay, Dell, Vanguard, Southwest Airlines, and Wal-Mart (“Low prices, every day”). The founders of those companies espoused a clear guiding principle that summarized the essence of what would become a full-blown business strategy.”
― HBR's 10 Must Reads on Strategy
― HBR's 10 Must Reads on Strategy
“where his blueprint called for retooling his research and development functions, the target was clear: new products should account for 20 percent of the company’s portfolio each year, and all products needed to score a minimum 60-40 preference among relevant consumers versus competitor products, and offer a better nutritional profile.”
― Lessons from Private Equity Any Company Can Use
― Lessons from Private Equity Any Company Can Use
“that a corporate strategy represents a plan to effectively allocate scarce resources to achieve sustainable competitive advantage.”
― HBR's 10 Must Reads on Strategy
― HBR's 10 Must Reads on Strategy




