Patrick Lencioni Quotes

You need to make certain decisions to expand your market.

Business strategy is the battleplan for a better future.

The two most fundamental strategic choices are deciding where to play and how to win.

Operational effectiveness and strategy are both essential to superior performance.

Strategic quitting is the secret of successful organizations

Strategy means making clear-cut choices about how to compete.

A strategy delineates a territory in which a company seeks to be unique.

The executive moves we are announcing today will strengthen American for the long-term future and reflect well on the depth of the Company's management team.

Business is war! Its leaders are strategic commanders, who boldly snatch victory from the jaws of defeat - and who perform other acts of derring-do. This kind of talk sounds great in the boardroom, and, for that matter, in the bookstore, where dozens of authors counsel would-be corporate warriors.

The essential element of successful strategy is that it derives its success from the differences between competitors with a consequent difference in their behavior.

People come in with business plans and, I mean I know that no one is going to meet everything they say in a business plan but you got to have something to, to guide towards.

Just as predatory animals follow a similar general design and behave in similar ways, so organizations, especially those in competition with one another, must follow certain design principles if they are to succeed and prevail.

In a period of economic downturn, the overwhelming instinct is to pare back, cut costs, and lay off. If you do that, do so with your strategy in mind. The worst mistake is to cut across the board. Instead, reconnect and recommit to a clear strategy that will distinguish yourself from others.

It's important to have a really clear strategy so when you are in business, you only have to make micro-strategy changes.

Every company has to identify what I call its strategic resources, and make sure that it grabs as much of its strategic resources as possible.

Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.

I'm always a fan of good business moves.

Business is the systematic playing of games.

Businesses will ultimately go where the markets and opportunities are.

If you could get all the people in the organization rowing in the same direction, you could dominate any industry, in any market, against any competition, at any time.

Ford had a number of different strategies over the years that they thought obviously made sense at the time, just like all the different brands, and also the regional operations.

Leaders of companies of any size, at any stage of development spend a lot of time focused on growing the business. We develop our game plan and ensure that we are optimally executing on our objectives. We concentrate on looking forward.

If your strategy calls for you to be in America, then you will go into America. If your strategy calls for you to be in M&A, then you'll do an acquisition. You usually acquire a company to acquire technology, geographic advantage, etc. Similarly, geographic expansion is very much like M&A. It's done to advance a strategy.

The best business plans are straightforward documents that spell out the who, what, where, why, and how much.

In strategic decisions, I'd be really concerned about overconfidence.