Sublime

This was illustrated brilliantly to me by Professor Bill Meehan, who spent thirty years with McKinsey advising CEOs and senior leaders on strategy and now teaches a class called “The Strategic Management of Nonprofits” at the Stanford School of Business.

Entrepreneurs are largely in the business of forecasting. They must invest and pay costs in the present, in the expectation of recouping a profit by sale either to consumers or to other entrepreneurs further down in the economy’s structure of production.

Managers should think of: (1) what their customers’ needs and priorities are; (2) what channels can satisfy those needs and priorities; (3) the service and products best suited to flow through those channels; (4) the inputs and raw materials required to create the products and services; and, (5) the assets and core competencies essential to the inp

“The purpose of business is to create and keep a customer.” - Peter Drucker

The first component of a responsive enterprise is an executive vision that expresses how the organization intends to prosper in the future.

Managing, by the former head of ITT, Harold Geneen.

LES ENTREPRISES, qui sont innovantes, et qu’il faut donc laisser aux commandes. « L’affaire

Intelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results.