"It was my fault. We just didn't do it right. We didn't have the right people. We tried to be all things to all people and didn't do anything right."
Jim Davis, CEO of New Balance as quoted in the Boston Globe in response to the question "What was wrong with New Balance's approach to apparel?"
Thanks to Seth Godin for bringing our attention to this.
Jeff's Take: Yet another quote giving examples of simplyfing in the business world. This seems to be a repeating pattern within the blogosphere... Know what you do, do it well, change the world.
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