Articles

"WHEN THERE ARE TOO MANY PLANS, THERE IS ONE PLAN TOO FEW": THE ESSENCE OF FOCUSED BUSINESS STRATEGY

A clear, focused strategy is essential for success. It ensures alignment, efficient resource use, and adaptability. Kodak’s failure to embrace its own digital camera invention shows the risks of losing focus. The lesson: prioritize what matters, adapt to change, and align strategy with long-term goals. (photo: David Duprey/AP)