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Almost Quote by Leroy Hood

“Almost never does a single company have excellence in a multiplicity of disciplines.” quote by Leroy Hood
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“Almost never does a single company have excellence in a multiplicity of disciplines.”

Leroy Hood

About This Quote

Source Interview: Science Leadership, 2008

Companies rarely achieve top performance across many diverse fields simultaneously.

In simple terms: Excellence in many areas is uncommon for one firm.

Key Takeaway

Focus on core strengths.

Themes

business excellence specialization

Mood

analytical pragmatic

Type

business strategic

When to use this quote

  • strategic planning
  • resource allocation
  • product development

Key Concepts

management theory organizational behavior innovation

Questions to Reflect On

  • Should firms diversify or specialize?
  • How to balance breadth and depth?
A Different Perspective

Specialization may limit adaptability.

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