Entrepreneurship & Strategy

Strategy Means Choosing What to Do—and What Not to Do: Focus on the Core Business

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Book excerpt (tagged #利勢; source not yet confirmed)

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Collected in Robin Shen’s Field Notes · Content type and attribution are shown above

English translation of the Chinese post originally published 2024-01-06. Translated 2026-10-30 with AI assistance. Historical figures and claims have not been updated or independently verified. 中文原文

Reading guide

The excerpt says strategy means choosing what to do and what not to do. Do not consume company resources on nonstrategic opportunities. Only by continually focusing on the core business can a company strengthen its core competitiveness. What is that core business? Something others find hard to replace and you can replicate quickly. Strategy requires knowing what to leave out to achieve focus and competitiveness.

Key points

  • Strategy means choosing what to do and what not to do.
  • Do not spend resources on nonstrategic opportunities.
  • The core business: hard for others to replace and quick for you to replicate.
  • Knowing what to leave out enables focus.
One clear path continues into the distance among several branching routes, suggesting choice and focus.
Entrepreneurship & strategyThematic illustration · AI generated

Full text — English translation

Strategy means choosing what to do and what not to do. Do not consume company resources on nonstrategic opportunities. Only by continually focusing on the core business—choosing what to do and what not to do—can you keep strengthening the company’s core competitiveness. What is the core business? Something others find hard to replace and you can replicate quickly. Only by knowing what to “leave out” can strategy achieve focus and competitiveness. #利勢

These articles are personal notes, book excerpts, and collected reprints. Figures and events reflect the time of the original publication, are not current information, and do not constitute investment advice.

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