Book 43 of 141

    From the library

    Good Strategy/Bad Strategy

    Richard Rumelt, 2011

    In one paragraph

    The author examines the concepts of good strategy (a succinct description of a situation or problem at hand, followed by directions for action in order to solve the problem or use the situation by using strengths, not exposing weaknesses and concentrating resources in order to successfully emerge at the other end), bad strategy (not "no strategy" or "strategy that does not work", but rather the general listing of desirable outcomes and objectives without focus, concentration or indication on how to achieve those or even analysis of the situation at hand, but padded with fluffy language and lofty "concepts").

    The book provides an in-depth description of both concepts and a number of examples and case studies for both.

    Where this sits in the operating system

    Single-Point Focus

    Focus & Essentialism

    Priority Hierarchy

    Focus & Essentialism

    Systematic Operations

    Systems Over Goals

    Leading vs. Lagging Indicators

    Continuous Improvement & Feedback Loops

    Key insights

    A strategy is diagnosis, guiding policy, coherent action. A list of goals with numbers attached is none of those.

    Bad strategy is not the absence of good strategy but a positive presence: fluff, failure to face the problem, and objectives mistaken for plans.

    Strategy is fundamentally about what you decline. A plan compatible with every outcome is not one.

    The same idea, argued differently

    Geoffrey Moore

    Frank Slootman

    George Stalk Jr., Thomas Hout

    Ryan Daniel Moran

    The full breakdown

    Before you close this

    Naming the specific moment you will act roughly doubles the odds you do.

    Reference

    Author
    Richard Rumelt
    Published
    2011
    Category
    Business

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