
Good Strategy Bad Strategy: The Difference and Why It Matters

use your relative advantages to impose out-of-proportion costs on the opposition and complicate his problem of competing with you.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
Copying elements of its strategy piecemeal, there will be little benefit. A competitor would have to adopt the whole design, not just a part of it. There is much more to be discussed: first-mover
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
Strategies focus resources, energy, and attention on some objectives rather than others. Unless collective ruin is imminent, a change in strategy will make some people worse off.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
having a true competitive strategy meant engaging in actions that imposed exorbitant costs on the other side.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
Follow the story of Nvidia and you will clearly see the kernel of a good strategy at work: diagnosis, guiding policy, and coherent action. You will also glimpse almost every building block of good strategy: intelligent anticipation, a guiding policy that reduced complexity, the power of design, focus, using advantage, riding a dynamic wave of chang
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Whatever it is called, the underlying principle is that improvements come from reexamining the details of how work is done, not just from cost controls or incentives.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
But the power of that strategy derived from their discovery of a different way of viewing competitive advantage—a shift from thinking about pure military capability to one of looking for ways to impose asymmetric costs on an opponent.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
US shift against the Soviet Union
of coordinating and focusing actions to deal with those factors.
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.