Business Strategy

“We've seen one thing, Lenny, it's that the Ability for models to do new thinking out of distribution thinking is still really limited, and I don't actually take the point that some of the new thinking in math is actually representative of new thinking in domai…”

“I think the AI opportunity, however, having said all that, I have never ever seen something take hold And disrupt and force people to rethink business strategy, investment strategy, positioning, et cetera, as fast as this last two and a half years.”

“You can't only think about the long-term. If you only think about the long-term, you probably won't get out of the short-term, because you're going to miss the situations of today, the short-term sort of dynamics.”

“So my philosophy was Zoom in before you zoom out. So in everything I've done, I always went deep into whatever the business was, the company was, tried to understand things from the ground level. Then I'd zoom out and say, what's missing here?”

“So stick to your knitting, do what you can do, and do more of it, and try and grow it. Don't try and do everything. So many people fail by getting successful in one, and then think they can do everything.”

“Vanderbilt's approach to business was often marked by a sly concealment of his intentions, keeping information closed while simultaneously gathering intelligence on competitors. This strategic obstruccation Allowed him to make moves that others often couldn't …”

“It's basically because if you're measured narrowly on impact and that's all anyone sees around you, then it's very hard to engage with the creative aspect of business change and the strategic aspects of business change.”

“The failure mode I see probably more than anything else is Somebody who is what I think of as not strategic, right? Which is that they believe that they need to always keep all their options open, not make big choices and sort of see what evolves and then just…”

“A lot of times organizations misunderstand their business strategy versus their execution in that they'll divine or develop to find a great business model based upon financial success, but the implementation and the execution with the personnel escapes them. A…”

“Boards add value to business strategy only rarely. But very frequently you can use them as a forcing function to get the company to care about metrics and milestones.”