A Career In Journalism Suddenly Lost Its

A Question That Often Comes Up At Times Of Strategic Transformation Is, Should You Pursue A Highly Focused Approach, Betting Everything On One Strategic Goal, Or Should You Hedge? ... Mark Twain Hit It On The Head When He Said, Put All Of Your Eggs In One Basket And Watch That Basket.

The Internet Doesn't Change Everything. It Doesn't Change Supply And Demand.

The Most Important Role Of Managers Is To Create Environment In Which People Are Passionately Dedicated To Winning In Marketplace.

I Think Amazon Is The Preeminent Pioneer In Building A New Way Of Doing Commerce: Personalized, Database-driven Commerce, Where The Big Value Is Not In The Purchase Fulfillment, But In Knowing As Much About A Customer Base Of Ten Or Twenty Million People As A Corner Store Used To Know About A Customer Base Of A Few Hundred. In Today's Mass-merchandising World, That's Largely Gone; Amazon Is Trying To Use Computer Technology To Re-establish It.

No Problem Is So Complicated That You Cannot Make It More Complicated.