Quote by MICHAEL PORTER - Deepstash
MICHAEL PORTER

Strategy is about making choices, trade-offs.”

MICHAEL PORTER

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maks1

Wealth Building. Business. Investing. Crypto and Technology. Entrepreneurship. Reading, Learning and Writing.

The 10 Types of Thinkers — Know Yourself, Grow Your Mind.

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Barry Schwartz

The necessity of making trade-offs alters how we feel about the decisions we face; more important, it affects the level of satisfaction we experience from the decisions we ultimately make.

BARRY SCHWARTZ

Life at the Frontier

Those that are far from the frontier can focus on improving each element. You can improve by reorganizing your work to get more done.

But once you are on the productive frontier, things are different. Improvement comes from making hard choices about trade-offs.

Write to document the decision making

Writing forces you to share the details behind the goals, the history, the context, the trade-offs. 

This allows the employees to make consistent trade-offs. Micro-decisions that align to the plan. 

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