Marketing Insights From a to Z: 80 Concepts Every Manager Needs to Know


“Manage- ment by objectives works if you know the objectives. Ninety



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Philip Kotler - Marketing from A to Z

“Manage-
ment by objectives works if you know the objectives. Ninety
percent of the time you don’t.”
Yogi Berra, the colorful New York Yankees catcher, warned:
“If you don’t know where you’re going, you’re liable to 
end up someplace else.”
But then how do you set an objective?
His answer didn’t help: 
“When you come to a fork in the road,
take it.”
Think carefully about your goals and objectives. For example,
speed is useful only if you are running in the right direction. A pilot
got on the intercom and said: “I’ve got good news and bad news.
The bad news first: I don’t know where we’re going. The good news:
We’re getting there fast.”

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