Strategy Through Thrift
Two different ideas of how to achieve competitiveness are vying for prominence. The first is "thrift", a careful and diligent use of resources, and the second is "savings", the restraint of deploying resources.
Strategy is Thrift
Always remember thrift, a careful and diligent use of resources when making strategic decisions. Make decisions that will stand strategic scrutiny and are justifiable in a downturn.
Thrift: Thoughtful Exercise in Authenticity
Integrating the concepts of thrift into decision-making and leadership could play a significant part to a successful global economy because it promotes thoughtfulness and authenticity, two major beacons for navigating complexity and uncertainty.
Simptortion: Starting Tomorrow, Today will be Yesterday
Learn from history, but do not theorize on it. Known history for what it is; past events or proceedings that resulted from thousands of prior non-linear, asymmetric events.
