flâneur

Good Strategy/Bad Strategy | Summary & Notes - Will Patrick

willpatrick.co.uk · 3,678 words · saved by 1 readers

Rumelt knows exactly what strategy is, what it means, and has endless examples to back it up. The wisdom of decades, packed into a fascinating book.

“The core of strategy work is always the same: discovering the critical factors in a situation and designing a way of coordinating and focusing actions to deal with those factors.” (Page 2) “Strategy” is a word that has lost a lot of its meaning. It’s used sloppily and is usually completely misunderstood. To know what it is, it’s important to know both what it is, and what it isn’t. Part 1: good and bad strategy What is “good strategy”? “The first natural advantage of good strategy arises because other organizations often don’t have one. And because they don’t expect you to have one,…

saved by

related reading