Any approach to strategy quickly encounters a conflict between corporate objectives and corporate capabilities. Attempting the impossible is not good strategy. It is just a waste of resources.
What is good for you is not necessarily good for the company, and vice versa.
The concept of profit maximization is, in fact, meaningless.
I believe in having total clarity around our goals. I believe in creating these goals together as a group and making sure they're aligned with Bob Iger's goals for the Walt Disney Co. And more than anything, making sure people understand that they have a responsibility to one another.
The needs of the business sector must be understood.
Looking at Capitol's performance over a 22-year period, I figure they were focused three years out of the 22 I worked for them.
The more senior your management position is, the more important it is to connect the organization or the project to the outside world. You know, how does this fit in with what we're doing? What is the real goal, the real mission?
When it comes to creating a product or running a company, you need to prioritize the goal of the company or the creation of the product over and above every personal interaction you have.