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Tag Archives: Business Wisdom

Leadership & Business Wisdom

Leadership & Business Wisdom

BUSINESS NOT FINANCIAL STRATEGY “THERE AIN’T NO BARGAINS,” AND “YOU GET AT MOST WHAT YOU PAY FOR.” Successful acquisitions are based upon business plans, not financial analyses. Acquisition targets must fit the business strategies of the acquiring company; otherwise, the …

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Leadership & Business Wisdom

Leadership & Business Wisdom

SUCCESS ALWAYS CREATES NEW REALITIES ONLY THE FAIRY STORY ENDS “THEY LIVED HAPPILY EVER AFTER.” Success always obsoletes the very behavior that achieved it. It always creates new realities. It always creates, above all, its own and different problems. It …

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Leadership & Business Wisdom

Leadership & Business Wisdom

HITTING THEM WHERE THEY AREN’T “HITTING THEM WHERE THEY AREN’T” OUTFLANKS THE BY CREATIVE IMITATION. Here, the innovator doesn’t create a major new product or service. Instead, it takes something just created by somebody else and improves upon it. This …

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Leadership & Business Wisdom

Leadership & Business Wisdom

UNREALIZED BUSINESS POTENTIAL “OPPORTUNITY IS WHERE YOU FIND IT,” NOT WHERE IT FINDS YOU. Luck, chance and catastrophe affect business as they do all human endeavors. But luck never built a business. Prosperity and growth come only to the business …

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Leadership & Business Wisdom

Leadership & Business Wisdom

SOCIAL INNOVATION: THE LAB WITHOUT WALL STEINMETZ’S TECHNOLOGY-DRIVEN SCIENCE IS ANATHEMA TO MANY ACADEMIC SCIENTISTS. Steinmetz’s innovation also led to the “lab without walls,” which is America’s specific, and major, contribution to very large scientific and technological programs. The first …

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Leadership & Business Wisdom

Leadership & Business Wisdom

MANAGING THE NEW VENTURE EVERY NEW PROJECT IS AN INFANT AND INFANTS BELONG IN THE NURSERY. Innovative efforts, especially those aimed at developing new businesses, products, or services, should normally report directly to the “executive in charge of innovation.” They …

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