Poor firms ignore their competitors; average firms copy their competitors; winning firms lead their competitors.
Philip KotlerRead
Today you have to run faster to stay in place.
Interpretation
In a rapidly evolving world, one must keep up with the pace of change just to maintain their current status.
This quote by Philip Kotler emphasizes the constant need for adaptation in a fast-paced environment. It suggests that merely trying to keep up with the competition or the demands of the world requires more effort and agility than ever before, indicating that without proactive measures, one might find themselves lagging behind.
In practice
In a motivational speech about business strategies.
Poor firms ignore their competitors; average firms copy their competitors; winning firms lead their competitors.
Marketing is becoming a battle based on information than on sales power.
The art of marketing is the art of brand building. If you arenot a brand, you are a commodity. Then price is everything and the low-cost producer is the only winner.
Marketing is a race without a finishing line
The key to branding, especially for smaller firms, is to focus on a limited number of issue areas and develop superb expertise in those areas.
Companies pay too much attention to the cost of doing something. They should worry more about the cost of not doing it.
The world has a way of undermining complex plans. This is particularly true in fast moving environments. A fast moving environment can evolve more quickly than a complex plan can be adapted to it. By the time you have adapted, the target has changed.
I have to say goodbye to things in order to take on bigger things that I've always wanted to do.
I hope the day will never come when the American nation will be the champion of the status quo. Once that happens, we shall have forfeited, and rightly forfeited, the support of the unsatisfied, of those who are the victims of inevitable imperfections, of those who, young in years or spirit, believe that they can make a better world and of those who dream dreams and want to make their dreams to come true.
I will grow. I will become something new and grand, but no grander than I now am. Just as the sky will be different in a few hours, its present perfection and completeness is not deficient, so am I presently perfect and not deficient. I will be different tomorrow. I will grow and I am not deficient.
After a century of trying, we declared that healthcare in America is not a privilege for a few, it is a right for everybody. After decades of talk, we finally began to wean ourselves off foreign oil. We doubled our production of clean energy. We brought more of our troops home to their families, and we delivered justice to Osama bin Laden.
It should be borne in mind that there is nothing more difficult to arrange, more doubtful of success, and more dangerous to carry through than initiating changes. The innovator makes enemies of all those who prospered under the old order, and only lukewarm support is forthcoming from those who would prosper under the new. Their support is lukewarm ... partly because men are generally incredulous, never really trusting new things unless they have tested them by experience.
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