DWD20200425

David's Time With Peter F. Drucker 2020.4.25 To repeat something said earlier in this chapter: A strategy enables an institution to be purposefully. If what looks like an opportunity does not advance the strategic goal of the institution, it is not an opportunity. It is a distraction. Even if it fits——or seems to fit——a particular national, that is, political, reality, it is still a distraction and is to be left alone. Otherwise, it is practically bound to end in failure. So much for the “Don'ts.” And now the two “Do's” we already know. Business growth and business expansion in different parts of the world will increasingly not be based on mergers and acquisitions or even starting new, wholly owned business there. They will increasingly have to be based on alliances, partnership, joint ventures and all kinds of relations with organizations located in other political jurisdictions. They will, in other words, increasingly have to be based on structures that are economic units and not legal——and therefore not political——units. ——《Management Challenges for the 21st Century · Chapter2》(Peter F.Drucker,1999)