Good Strategy Bad Strategy

by Richard Rumelt

⭐ 4.2/5

Lenny's Take:

“This book helped me understand the difference between real strategy and strategic planning. Essential for anyone making strategic decisions.”

About This Book

Richard Rumelt cuts through the fluff to explain what strategy really is and isn't. He shows how to recognize good strategy, which is rare, and bad strategy, which is unfortunately common. The book provides clear frameworks for developing coherent strategies that create competitive advantage and drive results.

Key Takeaways

▸Good strategy has a kernel: diagnosis, guiding policy, and coherent action
▸Bad strategy is characterized by fluff, failure to face the challenge, and mistaking goals for strategy
▸The importance of leverage in strategic thinking
▸How to identify and exploit sources of power
▸Strategy is about making choices and trade-offs

Book Details

Genre:Strategy/Business

Published:2011

Pages:336

Publisher:Crown Business

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