Business Strategy Question:
What strategic uncertainties keep you awake at night?
Answer:
At the root of every failed strategy is a set of assumptions about the future that eventually proved false. We assumed housing prices would never fall simultaneously across the country. We assumed asset diversification would eliminate risk. We assumed the migration to digital media would be slow and orderly. We assumed customers would not accept fewer features in exchange for a lower price.
Previous Question | Next Question |
How committed are your employees to helping each other? | Tell me about the checklist for executing strategy? |