 |
If you could get all the people in an organization rowing in the same direction, you could dominate any industry, in any market, against any competition, at any time. – Patrick Lencioni
|
30 |
 |
…a company does not need to be in a great industry to become a great company.
|
104 |
 |
If your industry is in a competitive equilibrium, the death of your business won’t matter to the world; some undifferentiated competitor will always be ready to take your place.
|
34 |
 |
Those who use conference properly have a huge leg up at your average industry gathering.
|
112 |
 |
As an entrepreneur or an employee, you have the creative abilities to make… connections in your own industry.
|
210 |
 |
Knowing one’s own industry and one’s native markets is not enough to compete in the future. Take a deep and boundless curiosity about things outside your own profession and comfort zone.
|
218 |
 |
…when a strategic inflection point sweeps through the industry, the more successful a participant was in the old industry structure, the more threatened it is by change and the more reluctant it is to adapt to it.
|
050 |
 |
…whereas the cost to enter a given industry in the face of well-entrenched participants can be very high, when the structure breaks, the cost to enter may become trivially small…
|
051 |
 |
By virtue of the functional specialization that prevails, horizonal industries tend to be more cost-effective than their vertical equivalents. Simply put, it’s harder to be the best of class in several fields than in just one.
|
052 |
 |
The too-little-too-late syndrome is particularly hazardous in a shifting industry environment.
|
134 |
