The Crux: How Leaders Become Strategists
To obtain higher performance, leaders must identify the critical obstacles to forward progress and then develop a coherent approach to overcoming them.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
Qualities of great strategy
- Problem-oriented : Clearly identifies the problem
- Insight-driven : Rooted in insights, both quantitative and qualitative
- Actionable : Outlines concrete actions/investments that will solve this problem
- Focused : Has a small number of high-leverage bets
- Cohesive : Create a clear path from the problem to the solution