Great short-term gains but long-term prospects

Visionary CEOs are not “just” great at assuring world-class execution of a tested and successful business model, they are also world-class innovators. Visionary CEOs are product and business model centric and extremely customer focused.

The best are agile and know how to pivot – make a substantive change to the business model while or before their market has shifted. The very best of them shape markets – they know how to create new markets by seeing opportunities before anyone else. They remain entrepreneurs.
Steve Blank, on why the second principle of entropy occurs in business ecosystems, noticing that a certain mediocrity does not equals to poverty. Sucession planning might be a science, too.
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