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Fast Company

"It's not the big that eat the small... it's the fast that eat the slow." ~ Jason Jennings and Laurence Haughton

Move with Speed

Spot and Pursue Opportunities Faster than Your Competition

  Fast Company Fast Thinking Fast Decision Making Fast to Market Sustaining Speed Anticipating Spotting Trends Brainstorming Letting the Best Idea Win Setting Rules and Guiding Principles Getting Rid of Bureaucracy Constantly Reassessing Past Decisions Launching a Crusade Owning Competitive Advantage Institutionalizing Innovation: Innovation System Simplicity Growth Attitude Managing Creativity Roadmapping Staying Close to the Customer: Customer Partnership Boundarylessness Self-confidence Fast Company Business Process Management System (BPMS) Frequently Switching Responsibilities Fast Company: thinking, quick decision-making, first to market

 

   

"The world is changing very fast. Big will not beat small anymore. It will be the fast beating the slow." ~ Rupert Murdoch

 

 

 

One minute can decide the outcome of the battle,

one hour – the outcome of the campaign,
and one day – the fate of the country.

Alexander Suvorov

 

Jack Welch advice business quotes

Speed is everything. It is the indispensable ingredient of competitiveness. If you're not fast you can't win.

Jack Welch

GE

 

Vadim Kotelnikov

Today and always, let thoughtful action outrun endless discussion. Today and always, remove barriers that prevent great ideas from becoming reality.

Vadim Kotelnikov, founder of 1000ventures - personal logo VadiK

Inventor

Author

Founder

 

 

   

Achieving and maintaining high speed is the key to success

In today’s economic climate, where everything is accelerating, companies are expected to do more, faster, and with fewer resources. To achieve genuine acceleration, decisions at virtually every level must be made in a matter of minutes – on the fly – rather than over the course of days or weeks. Cumbersome bureaucratic processes must be kept to a minimum. For companies to survive in such a constantly shifting environment, their people must be able to quickly assess situations, anticipate future developments, and make decisions promptly.

 

 

 

   

"The operative assumption today is that someone, somewhere, has a better idea; and the operative compulsion is to find out who has that better idea, learn it and put into action – fast." ~ Jack Welch

 

 

 

 

   

The Art of War: Planning an Attack

By: Sun Tzu

You must move as quickly as the wind.

The value of time, that is of being a little ahead of your opponent, often provides greater advantage than superior numbers or greater resources.

Though I have heard of successful military operations that were clumsy but swift, cleverness has never been seen associated with long delays.

 

 

 

   

"Once the information is in the 40 to 70 range, go with your gut. Don't wait until you have enough facts to be 100% sure, because by then it is almost always too late." ~ Colin Powell

 

 

 

Jack Welch advice business quotes

The 3Ss of winning in business are Speed, Simplicity and Self-confidence. Just as surely as speed flows from simplicity, simplicity is grounded in self-confidence.

Jack Welch

GE

 

   

Moving with Speed: the Four Components

Jason Jennings and Laurence Haughton in their book It's not the big that eat the small... it's the fast that eat the slow describe the following four characteristic features of fast-moving companies

Fast thinking: anticipating the future, spotting trends before others, challenging assumptions, and creating a corporate environment where the best idea – regardless of origin – wins.

Fast decision-making: establishing corporate guiding principles, blowing off stifling bureaucratic structures, shuffling portfolios, constantly reassessing everything, and matching the decision to the consequence.

Fast to market: getting to the market faster through removing in-built speed-breakers, abandoning traditional visions and missions and launching a crusade instead, owning and exploiting your competitive advantage, getting vendors and suppliers operating on your timetable, staying beneath the radar, and building virtuous circles of speed.

Sustaining speed: maintaining velocity through working on your business, injecting the relentless growth attitude into the firm, being ruthless with resources, building a scoreboard that measures activity, staying financially flexible, proving the math, institutionalizing innovation, and staying close to the customer.

 

 

 

 

 

7 Market-Leadership Lessons from Steve Jobs’ "Why Join the Navy If You Can Be a Pirate?" – Apple Innovation Strategy  

12 Lessons from Steve Jobs

Strive to become a market leader. Own and control the primary technology in everything you do. If there's a better technology available, use it no matter if anyone else is not using it. Be the first, and make it an industry standard... More

→ 7 Market-Leadership Lessons
from Steve Jobs

 

 

 

   

Own Your Competitive Advantage

Focus on your core competencies and outsource the rest. Make sure that you don't outsource your competitive advantage, however. You will never lead in innovation or be faster to market than your competition if you depend on other for your core technology.

Owning your competitive advantage will allow you to build it continuously, be more flexible, and eliminate speed breakers... More