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Good Strategy Bad Strategy (Review and Analysis of Rumelt's Book)

Good Strategy Bad Strategy (Review and Analysis of Rumelt's Book)

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Good Strategy Bad Strategy (Review and Analysis of Rumelt's Book)

valutazioni:
1/5 (1 valutazione)
Lunghezza:
42 pagine
29 minuti
Editore:
Pubblicato:
Oct 28, 2014
ISBN:
9782511020654
Formato:
Libro

Descrizione

The must-read summary of Richard Rumelt's book: "Good Strategy Bad Strategy: The Difference and Why It Matters".

This complete summary of the ideas from "Good Strategy Bad Strategy" explains what strategy is and exposes the three elements of a good strategy: diagnosis, guiding policy, and coherent actions, thus effectively providing you with the tools necessary to identify, devise and implement a good strategy.

Added- value of this summary:
• Save time
• Understand the key concepts
• Enhance your knowledge of management and leadership 

To learn more read "Good Strategy Bad Strategy" and figure out how to advance your organisation’s interests!
Editore:
Pubblicato:
Oct 28, 2014
ISBN:
9782511020654
Formato:
Libro

Informazioni sull'autore


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Leggi altro di Business News Publishing
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Anteprima del libro

Good Strategy Bad Strategy (Review and Analysis of Rumelt's Book) - BusinessNews Publishing

Book Presentation

Good Strategy Bad Strategy by Richard Rumelt

Book Abstract

About the Author

Important Note About This Ebook

Summary of Good Strategy Bad Strategy (Richard Rumelt)

1. Good Strategy vs. Bad Strategy – The Defining Differences

2. The Nine Sources of Power For Good Strategies

3. How To Think Like a Strategist

Book Abstract

MAIN IDEA

Strategy is not what many people think it is. You don’t develop a strategy by using a fill-in-the-blanks mission statement blathering about how you will be world class in some field or another. Nor is strategy a declaration of war that you will hunker down and work hard to increase sales by twenty percent a year while simultaneously growing your profits. Neither effort, financial projections, platitudes or wishes about a prosperous future are strategy.

Pure and simple a strategy is the way you will deal with a high-stakes challenge. It’s the way you’ve developed to cohesively and intelligently respond to that challenge and move forward. Strategy is about how your organization will move forward.

A good strategy always contains three elements:

"The words ‘strategy’ and ‘strategic’ are often sloppily used to mark decisions made by the highest-level officials. However, when you speak of ‘strategy,’ you should not simply be marking the pay grade of the decision maker. Rather, the term ‘strategy’ should mean a cohesive response to an important challenge. A good strategy includes a set of coherent actions. They are not ‘implementation’ details; they are the punch of the strategy. A strategy that fails to define a variety of plausible and feasible immediate actions is missing a critical component. Doing strategy is figuring out how to advance the organization’s interests. Of course, a leader can set goals and delegate to others the

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