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The first thing we must do is to pin down the step in the flow that will determine the overall shape of our operation, which we'll call the limiting step. The issue here is simple: which of the breakfast components takes the longest to prepare? Because the coffee is already steaming in the kitchen and the toast takes only about a minute, the answer is obviously the egg, so we should plan the entire job around the time needed to boil it. Not only does that component take the longest to prepare, the egg is also for most customers the most important feature ol the breakfast.
High Output Management
Andrew S. Grove
Optimism has an important place in some, though not all, realms of your life. It is not a panacea. But it can protect you against depression; it can raise your level of achievement; it can enhance your physical well-being; it is a far more pleasant mental state to be in. Pessimism, on the other hand, also has its proper place, and you will find out more about its redeeming aspect later in the book.
Learned Optimism
Martin E.P. Seligman
Silicon Valley wisdom says to focus on a single product and market. Ballmer did the opposite and built products across categories. This was the right strategy, but in the wrong decade: cross-sell positions Microsoft uniquely well for the 2020s, when antitrust is more threatening than ever. I would rather command 30% market share across many categories than be regulated to death as a monopoly.
Don’t Forget Microsoft
luttig.substack.com
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