(1) "An important duty of a leader is to absorb a large part of the complexity and ambiguity to present a solvable problem to the team."

(2) Kernel of good strategy

• Diagnosis (of the problem)
• Guiding policy
• Coherent action

(3) "Good strategy is not just what, it is also why and how."

(4) "Capitalize on your relative strength to impose exorbitant cost on your enemy in a manner which doesn't compromise you."

(5) "Good strategy bridges the gap to execution by specifying the feasible and plausible action to be taken."

(6) "Whenever there is a massively successful organization, there is failed or blocked competition."

(7) Goals v/s Objectives

Goals - high level outcomes or desires

Objective - operational targets

(8) "When we come up with an idea, we spend more time justifying it than questioning it."

(9) "Your company needs a strategy, not a set of slogans."