distinction between strategy and operational effectiveness.

[KeepFraming]

* "There's a fundamental distinction between strategy and operational effectiveness. Strategy is about making choices, trade-offs; it's about deliberately choosing to be different. Operational effectiveness is about things that you really shouldn't have to make choices on; it's about what's good for everybody and about what every business should be doing."

*"If all you're trying to do is essentially the same thing as your rivals, then it's unlikely that you'll be very successful. It's incredibly arrogant for a company to believe that it can deliver the same sort of product that its rivals do and actually do better for very long. "

Wonder who said they very key points? No other than the great teacher at Harvard Mr.Michael Porter.

Want to read more?
http://www.fool.com/news/foth/2001/foth010306.htm

 

[Frame Harbor]

Keep Framing,
I am glad to see you back. While you were away, things happened in the forum. A few left, others got on board and Grumblers turned heavily toward more down to Earth, how to strip, cut, fit, fill, clean and join kind of topics. You just missed a tight competition throughout the States on pricing THE VERY SAME JOB. I was for a few hours concerned that grumblers won't be able to quote the same molding, mat, glass and labor. As usually, I was wrong again because they got it just fine. It's not important who won the competition either, as frame costumers are not going to crowd the states of Kansas or South Dakota in hope to save a few bucks. The real winner is Nielsen, Bainbridge, Fletcher, Roma or LJ. Those companies are thinking the strategies while we are concerning ourselves with operational effectiveness only

Cornel

[This message has been edited by Frame Harbor (edited March 07, 2001).]

 

[KeepFraming]

Silly me! Too bad though, having the title of owner brings so much more intellectual topics than operative tasks involved in a business...alas,...