William Cohen
A firm that continues to employ a previously successful strategy eventually and inevitably falls victim to a competitor.
Content: Quotation | Author: William Cohen | Subjects: Competition, Management, Strategy
William Cohen
The opportunities and threats existing in any situation always exceed the resources needed to exploit the opportunities and avoid the threats. Thus, strategy is essentially a problem of allocating resources. If a strategy is to be successful, it must allocate superior resources against a decisive opportunity.
Content: Quotation | Author: William Cohen | Subject: Strategy