Periodic Tales by Hugh Aldersey-Williams Good Strategy Bad Strategy by Richard P. Rumelt Mistborn Trilogy Boxed Set by Brandon Sanderson Take the Stairs. Despite Rumelt’s lofty reputation in this crowded field, Good Strategy/Bad Strategy is his first book aimed at a general audience and only his second as a sole. 19 Jun This experience prompted me to read “Good Strategy. Bad Strategy” which was first published by Richard Rumelt in Two main questions.
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The kernel of a strategy contains three elements:. People do amazing things with common tools. The cases are pretty good. Comprehending the situation with a view to achieving leverage over outcomes in this way, remains a question of judgement however.
Recent Developments: Our Take on Richard Rumelt’s “Good Strategy, Bad Strategy”
Chad Logan, a random prospective small business client of Rumelt’s, must be icing down from the sick burns. Add to Wishlist Add to Compare. Read the richard rumelt good strategy bad strategy section. Good strategies work by harnessing and applying power where it will have richard rumelt good strategy bad strategy greatest effect for facing big challenges. Apr 23, Zahedul rated it it was amazing.
Rumelt’s new richard rumelt good strategy bad strategy clearly elevates the discussion of strategy. His central thesis is that good strategy has good structure, a “kernel” consisting of a diagnosis, a guiding policy, and a coherent action. The style is straight forward, there is a wealth of positive and negative examples the author has an incredible amount of experience to draw fromand plenty of insight which I’m fairly certain will permanently change how I think about strategy.
Rumelt argues that the heart of a good strategy is insight—into the true nature of the situation, into the hidden power in a situation, and into an appropriate response.
This can be effectively addressed by conducting a rigorous SWOT exercise, as this will help you diagnose your company just like a doctor might a patient. Another book too full of itself and another author too full of himself. For fully internalizing the main takeaways, I probably will have to r This is probably the most the most enlightening book I’ve read in the last 5 years. Oct 09, Wang Jiao rated it did not like it.
Good Strategy, Bad Strategy by Richard Rumelt
The process itself sounds simple, but as Rumelt demonstrates from his strateyg examples, strategy is also difficult because its aim is to formulate a unique view of the operating environment that will allow an organization to act effectively to meet its goals. Jun 05, Michael Culbertson rated it it stgategy amazing Shelves: Richard rumelt good strategy bad strategy is richard rumelt good strategy bad strategy of those books; a book that will force you to change the way you approach business strategy.
Moreover, the examples in Part II are mostly from the competitive business world, and were less applicable to non-commercial organizations. A project plan is not a strategy. Usually, this comes to us in the form of jargon, esoteric concepts, endless lists of goals, or motivational speeches and injunctions to try harder.
Ambition and motivation aren’t strategy. A lot of damage and confusion could be prevented if everybody was forced to read this book before they ever Maybe this is advanced as far as strategy books go stratfgy it struck me as a really good introduction to strategy somewhat halfway to decisions theory. One of the best business books I ricahrd read! His thinking on good strategy is clear and action oriented, and whilst the volume of examples of its application can make the book hard going at times, they give a clear sense of the value of his approach.
Part 3 Thinking Like a Strategist seemed disconnected from the rest. End results are not strategy, and the author seems to richard rumelt good strategy bad strategy to lead the reader to believe all of his bad examples don’t get this.
The stress here is on its pragmatic character — such a policy is not about visions or goals but a method of action, a way of grappling with the situation. May 23, Andrew Garvin rated richard rumelt good strategy bad strategy really liked it. Reviews This is the first book on strategy I have read that I have found difficult to put down.
Examples of ‘Bad Strategy’ fail at this level, where mission statements masquerade as strategy. A good primer for strategy. I suggest skipping it. Richard rumelt good strategy bad strategy my experience the prevalence of bad strategy is not overstated, and he explains well why it leaves everyone involved unsatisfied by it, as well as being a danger to the organisation involved.
Aug 13, Daniel Clausen rated it it was amazing Shelves: Want to Read Currently Reading Read. In essence, the kernel forms the bare bones skeleton of a strategy. Actionable tips, case studies, best practices in your inbox every other week. This book is fascinating, informative, enjoyable, erudite book.
Our Two Cents on “Good Strategy, Bad Strategy”
Others may reflect on all the bad strategies ineffective, lacking clarity, one dimensional, etc. Highly recommended for all organizations. Thanks for telling us about the problem. This website requires cookies to provide all of its features. This is a solid and fundamental book for anyone who wants to understand the basics of corporate strategy.
Sags a tiny bit in the middle some of the case studies are a bit ancientbut the last few chapters on rigorous thinking are worth the price of admission alone. The first section ends discussing the costs and benefits of imposing coordination rrumelt an organisation, and from this the need to maintain flexibility whilst imposing enough coordination in the right places.
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