A ship that spends long periods of time at sea needs to be cleansed of its barnacles or their drag will deprive it of speed and maneuverability. Managing Growth - An enterprise needs to distinguish between the wrong kind of growth and the right kind of growth, between muscle, fat, and cancer. It should be fed and supported. But growth that results only in volume and does not, within a fairly short period of time, produce higher overall productivities is fat. Any increase in volume that does not lead to higher overall productivity should be sweated off again.
Innovation means, first, the systematic sloughing off of yesterday.
It means the willingness to organize for entrepreneurship, to aim at creating new businesses rather than new products or modifications of old products. Business Strategies for Tomorrow - Unique events cannot be planned. They can, however, be foreseen, or rather, one can prepare to take advantage of them. One can have strategies for tomorrow that anticipate the areas in which the greatest challenges are likely to occur, strategies that enable a business or public service institution to take advantage of the unforeseen and unforeseeable. Planning tries to optimize tomorrow the trends of today.