The Crux: How Leaders Become Strategists
began to use the term crux to denote the outcome of a three-part strategic skill. The first part is judgment about which issues are truly important and which are secondary. The second part is judgment about the difficulties of dealing with these issues. And the third part is the ability to focus, to avoid spreading resources too thinly, not trying
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Once these challenges have been winnowed down, the next step in filtering is rating their importance and addressability. Importance is the degree to which the challenge either threatens the core values or existence of the enterprise or represents a major opportunity. Addressability is the degree to which the challenge appears to be solvable.
Richard Rumelt • The Crux: How Leaders Become Strategists
Designing or choosing often means leaving aside multiple issues and desires and focusing, instead, on what will make the most difference.
Richard Rumelt • The Crux: How Leaders Become Strategists
Strategic Navigation The key to survival in difficult times is adapting to changing circumstances. As argued in Chapter 3, strategy is an ongoing journey. To bring that concept to life, executives should take the time to write down the key assumptions underlying their strategy. The heart of moving from difficulty to action is making assumptions. Un
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Strategy means asking, or making, people do things that break with routine and focus collective effort and resources on new, or nonroutine, purposes.
Richard Rumelt • The Crux: How Leaders Become Strategists
The first part is judgment about which issues are truly important and which are secondary. The second part is judgment about the difficulties of dealing with these issues. And the third part is the ability to focus, to avoid spreading resources too thinly, not trying to do everything at once. The combination of these three parts lead to a focus on
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What is true is that to meet a challenge, you should first work to comprehend its nature.
Richard Rumelt • The Crux: How Leaders Become Strategists
we should not let them think that strategy is chasing short-term results.
Richard Rumelt • The Crux: How Leaders Become Strategists
Real-life strategy, whether your own or a company’s, is an ongoing process of dealing with critical challenges and deciding what consequential actions to take.
Richard Rumelt • The Crux: How Leaders Become Strategists
I told the seven executives that I had the good fortune to know a scientist working on a time viewer.