Being successful Quote by William Cohen
“The opportunities and threats existing in any situation always exceed the resources needed to exploit the opportunities or avoid the threats. Thus, strategy is essentially a problem of allocating resources. If strategy is to be successful, it must allocate superior resources against a decisive opportunity.”
About This Quote
Source Speech: Strategic Resource Allocation, 2005
Effective strategy matches superior resources to decisive opportunities, recognizing that demands exceed supplies.
In simple terms: Allocate top resources to key chances.
Prioritize wisely.
Themes
Mood
Type
When to use this quote
- business planning
- military operations
- project management
Key Concepts
Questions to Reflect On
- Which opportunity deserves your best resources?
- How do you handle resource scarcity?
Resources are limited; not all opportunities can be funded.