Strategy
The purpose of good strategy is to offer a potentially achievable way of surmounting a key challenge.
Richard Rumelt • Good Strategy/Bad Strategy: The difference and why it matters
What we learned in studying those who succeeded in making this shift as well as those who failed is that for any process to work, it must acknowledge our doubts and build our confidence as much as unlock people’s requisite creativity with proven steps.
W. Chan Kim • Blue Ocean Shift
A good strategy has an essential logical structure that I call the kernel. The kernel of a strategy contains three elements: a diagnosis, a guiding policy, and coherent action.
Richard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
You are learning to perceive through your feeling centers and to teach others how to do all that you can do. You are the way showers.
Tera Thomas • Bringers of the Dawn
vision. A good strategy honestly acknowledges the challenges being faced and provides an approach to overcoming them. And the greater the challenge, the more a good strategy focuses and coordinates efforts to achieve a powerful competitive punch
Richard Rumelt • Good Strategy/Bad Strategy: The difference and why it matters
The kernel of a strategy contains three elements: A diagnosis that defines or explains the nature of the challenge. A good diagnosis simplifies the often overwhelming complexity of reality by identifying certain aspects of the situation as critical. A guiding policy for dealing with the challenge. This is an overall approach chosen to cope with or
... See moreRichard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
What is the good strategy kernel
The point is not to “pick one preferred future,” and hope for it to come to pass (or, even, work to create it—though there are some situations where acting to create a better future is a useful function of scenarios). Nor is the point to find the most probable future and adapt to it or “bet the company” on it. Rather, the point is to make strategic
... See morePeter Schwartz • The Art of the Long View
A guiding policy creates advantage by anticipating the actions and reactions of others, by reducing the complexity and ambiguity in the situation, by exploiting the leverage inherent in concentrating effort on a pivotal or decisive aspect of the situation, and by creating policies and actions that are coherent, each building on the other rather tha
... See moreRichard Rumelt • Good Strategy/Bad Strategy: The difference and why it matters
A guiding policy creates advantage by anticipating the actions and reactions of others, by reducing the complexity and ambiguity in the situation, by exploiting the leverage inherent in concentrating effort on a pivotal or decisive aspect of the situation, and by creating policies and actions that are coherent, each building on the other rather tha
... See more