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…this fadeaway is far more effective than burning bridges.

…mentoring is one of the most effective strategies to get the best out of each and every individual.

Not finance. Not strategy. Not technology. It is teamwork that remains the ultimate competitive advantage, both because it is so powerful and so rare.

We become blinded by arrogance when we’re utterly convinced of our strengths and our strategies. We get paralyzed by doubt when we lack conviction in both.

Perhaps the best strategy to adopt while the other side lets off steam is to listen quietly without responding to their attacks, and occasionally to ask the speaker to continue until he has spoken his last word.

[Smaller organizations] need to adopt more of a guerilla strategy, picking up nonobvious talent that larger rivals can’t be bothered to pursue. And sometimes, that can work out quite well.

There is a powerful benefit to this strategy of opening the doors wide at first, and then getting picky as newcomers reveal their full strengths and limits.

…there are times when the ‘divide and conquer’ strategy is the best a boss can do.

…a strategic inflection point is when the balance of forces shifts from the old structure, from the old ways of doing business and the old ways of competing, to the new.

Timing is everything. If you undertake these changes while your company is still healthy, while your ongoing business forms a protective bubble in which you can experiment with the new ways of doing business, you can save much more of your company’s strength, your employees and your strategic position.