Just finished these 2 books by the late former CEO and co-founder of Intel, Andy Grove.
Having read those, I can definitely see why people considered him as the genius of management in modern corporate era.
Stick to what your good at and build on the unique skills and resources of the company. However, be prepared to swiftly change course and take on new projects amd challenges when competition caught up or market falls.
And more specifically:
“Your career is your business, and you are its CEO”
“I think it is very important for you to do two things: act on your temporary conviction as if it was a real conviction; and when you realize that you are wrong, correct course very quickly”
“Try not to get too depressed in the part of the journey, because there’s a professional responsibility. If you are depressed, you can’t motivate your staff to extraordinary measures. So you have to keep your own spirits up even though you well understand that you don’t know what you’re doing”