Answers Quote by Scott D. Anthony
“If you are trying to improve the performance of existing operations in known markets, it is an analytical problem where it's just a question of aligning your execution engine in the right way. If it is about creating something new and different, you can't derive the right answer analytically.”
About This Quote
Source Speech: Business Strategy Talk, 2015
Improving existing operations is an analytical alignment task; creating novel offerings requires intuition and experimentation.
In simple terms: Improving known markets is analytical; new ideas need intuition.
Use data for existing processes, experiment for new ideas.
Themes
Mood
Type
When to use this quote
- process optimization
- product development
- market entry
- R&D
- business modeling
Key Concepts
Questions to Reflect On
- How do you balance data with intuition?
- When is experimentation more valuable than analysis?
Analytical methods may miss disruptive opportunities.