October 10, 2011

Why join the navy if you can be a pirate?



A few years back, Steve Jobs said: “Why join the navy if you can be a pirate?”
He couldn't be more right!!!

Is your company a band of Pirates? Are your goals aligned with those of your shipmates? Is your startup governed by a charter? What is your strategy? How will you use your strengths in the face of larger and better financed competitors?
  • Pirates are willing to take a calculated risk (Calculated Risks)
  • Pirates seek personal and material gain and are ready to take it by force of arms (Personal Stake)
  • Pirates had a ship’s charter. They always had a plan and they stuck to it (Strategy)
  • Pirates outsmarted their targets by using smaller ships that were faster and more maneuverable (Speed & Mobility)
  • Pirates lacked size and resources so they were forced to out-think and out-work the competition (Effective Use of Limited Resources)
  • Pirates would replace their captain if he didn’t deliver on the goods, or couldn't lead (Effective Management)
  • Pirates shared in the plunder depending on their position (Compensation & Stock Options)

No comments: