What Does It Mean to Be Strategic?
In our view, strategic decisions are those whose results depend on the actions and reactions of other economic entities. Tactical decisions are ones that can be made in isolation and hinge largely on effective implementation. Understanding this distinction is key to developing effective strategy.
Bruce C. Greenwald • Competition Demystified: A Radically Simplified Approach to Business Strategy
To be a strategist you will need to embrace the full complex and confusing force of the challenges and opportunities you face. To be a strategist you will have to develop a sense for the crux of the problem—the place where a commitment to action will have the best chance of surmounting the most critical obstacles. To be a strategist you will need p
... See moreRichard P. Rumelt • The Crux: How Leaders Become Strategists
strategy is often set by one group of people, but needs to be recalled by another. Strategy is memory. The problem is memory is fickle (our brains rewrite our memories to situate the present in the past), memory is subjective (the Rashoman Effect), and memory is held by people.
When careers and job tenures were longer this worked. An organization’s ... See more
When careers and job tenures were longer this worked. An organization’s ... See more
Tom Critchlow • LF05 - Strategy is Memory
To be a strategist you will need to embrace the full complex and confusing force of the challenges and opportunities you face. To be a strategist you will have to develop a sense for the crux of the problem—the place where a commitment to action will have the best chance of surmounting the most critical obstacles. To be a strategist you will need p
... See more