Strategy, Planning and Execution

Success in business is really not that complicated.

In business - there are only three requirements.

You need three things, clear and unambiguous, no less, no more and - in exactly this order.

1. A Strategy. As Michael Porter conveys it: "What value are you to deliver to what customers and how are you going to be different?"
2. A Business Model. As in "and how are you going to use your resources to deliver that value and how are you going to keep some of the value yourself?"
3. A Way to Execute.

BOTTOMLINE: Sometimes... simplicity is best.