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Why Bill Gates and Warren Buffett are so successful, in one word

Published: 15 Jul 2014

When Bill Gates first met Warren Buffett, their host at dinner, Gates’ mother, asked everyone around the table to identify what they believed was the single most important factor in their success through lifeGates and Buffett gave the same one-word answer: “Focus.”

... The answer is to develop and value both types of focusProfessor Henry Mintzberg taught that there are two sources of strategy:

  1. Deliberate strategy, where leaders develop a clear vision and map this to long, medium and short term goals (focus as a noun);
  2. emergent strategy, where people respond to unanticipated problems and opportunities (focus as a verb).

Read full article: Quartz

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