Michael Dell

United States
Born on 23 Feb 1965
Business Magnate, Investor, Philanthropist, Author

I believe that you have to understand the economics of a business before you have a strategy, and you have to understand your strategy before you have a structure. If you get these in the wrong order, you will probably fail.

Speech to the Society of American Business Editors and Writers Tfechnology Conference, Dallas. 'Maximum Speed: Lessons Learned from Managing Hypergrowth' (1998)

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