Good Strategy Bad Strategy: The Difference and Why It Matters
Those opportunities may be internal, fixing bottlenecks and constraints in the way people work, or external.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
A new strategy is, in the language of science, a hypothesis, and its implementation is an experiment. As results appear, good leaders learn more about what does and doesn’t work and adjust their strategies accordingly.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
A pivot point magnifies the effect of effort.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
To concentrate on an objective—to make it a priority—necessarily assumes that many other important things will be taken care of. PJ was able to concentrate on the coordination between his helicopter and the rescue vessel because he already possessed layer upon layer of competences at flying that had become routine.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
Like the guardrails on a highway, the guiding policy directs and constrains action without fully defining its content.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
One of a leader’s most powerful tools is the creation of a good proximate objective—one that is close enough at hand to be feasible. A proximate objective names a target that the organization can reasonably be expected to hit, even overwhelm.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
Existing point solution shows point solutions can be done. Now how do we do them again and better, including go to market
One of the most important resources a business can have is valuable privileged information—that is, knowing something that others do not.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
The amazing thing about New Thought is that it is always presented as if it were new! And no matter how many times the same ideas are repeated, they are received by many listeners with fresh nods of affirmation. These ritual recitations obviously tap into a deep human capacity to believe that intensely focused desire is magically rewarded.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
But the oft-forgotten cost of decentralization is lost coordination across units.