Similarities between Business & Military Strategy
Similarities between Business Strategy and Military Strategy
By Michael Marshall, PhD
Amazingly there are numerous similarities between business strategy and military strategy.
By studying both, we can see the similarities of why certain things lead to success while others lead to failure; and why neglecting fundamentals lead to struggles and failure.
In this article we are only briefly mentioning the highlights and some of the key points of this subject.
This information can be an important stimulus for further discussions and business analysis.
Applying the knowledge can assist you to advance on some positive changes that can lead to greater business development.
A common phrase, ‘Military theory is only as good as its execution’.
Business studies indicate that most business strategies that fail is due to lack of full execution and follow through, and Not due to a bad strategy.
Top military leaders continually study strategy, history of strategy, changes and advancements and adapting such to current situations.
This applies to top business leaders, as well.
A lack of such effort strongly indicates poor leadership abilities.
Military strategy includes intuition based on extensive experience. Without experience one cannot have good intuition.
The same applies to business leaders.
Military lacking good intuition, experience and extensive study of strategy often fail and lose.
History is full of actual examples of such.
The same applies business leaders.
Most good military leaders have extensive experience in the field and as a leader.
The same applies to good business leaders.
The military saying of ‘never so few lead by so many’ is similar to the business saying of being ‘Top Heavy’ with too much management.
Military often comment about not attacking head to head with frontal attack because it is often too costly.
This is the same in business with high costs of such a marketing campaign,...