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September 11, 2010

Best Quote on Strategy vs. Execution

In business, what’s more important … Strategy or Execution?

Books have been written about it.

Articles have sounded off on it.

Practitioners have pontificated about it.

But Morris Chang, CEO of Taiwan Semiconductor Manufacturing Company, answers it in a mere 10 words.

MorrisChang2
Without strategy, execution is aimless. Without execution, strategy is useless.” — Morris Chang

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Comments

Bingo.

Bugs me that so many believe we live in an 'either/or' world. "Which is more important? BOTH, fer cryin' out loud!"

I think he's quoting Sun Tzu

And without both, you have Twitter. Go figure.

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