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Good Strategy/Bad Strategy

The Difference and Why It Matters

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 Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world.

Developing and implementing a strategy is the central task of a leader. A good strategy is a specific and coherent response to—and approach for—overcoming the obstacles to progress. A good strategy works by harnessing and applying power where it will have the greatest effect. Yet, Rumelt shows that there has been a growing and unfortunate tendency to equate Mom-and-apple-pie values, fluffy packages of buzzwords, motivational slogans, and financial goals with “strategy.”

In Good Strategy/Bad Strategy, he debunks these elements of “bad strategy” and awakens an understanding of the power of a “good strategy.” He introduces nine sources of power—ranging from using leverage to effectively focusing on growth—that are eye-opening yet pragmatic tools that can easily be put to work on Monday morning, and uses fascinating examples from business, nonprofit, and military affairs to bring its original and pragmatic ideas to life. The detailed examples range from Apple to General Motors, from the two Iraq wars to Afghanistan, from a small local market to Wal-Mart, from Nvidia to Silicon Graphics, from the Getty Trust to the Los Angeles Unified School District, from Cisco Systems to Paccar, and from Global Crossing to the 2007–08 financial crisis.

Reflecting an astonishing grasp and integration of economics, finance, technology, history, and the brilliance and foibles of the human character, Good Strategy/Bad Strategy stems from Rumelt’s decades of digging beyond the superficial to address hard questions with honesty and integrity. Career Success Decision-Making & Problem Solving Economics Leadership Management Management & Leadership Business Technology Inspiring Thought-Provoking Career Business Strategy Strategic Planning
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loved it. very insightful and well rounded observations of business strategy, with various examples to drill home the points. The book is a suggested core read for my MBA Strategy module and I realised now why they picked it. Very well rounded book on the subject.

fantastic book, very insightful with many examples

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narrator was very good. the author is a little arrogant but if you can get past that he makes some interesting points

easy listen

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it is a good read but needs more talk about startegic thinking than his own stories

decent read but...

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My only criticism of this book is the padding.

Story after story of billion dollar businesses that are hard to relate to why WE are reading the book.

Still it’s only a few hours of your life and we’ll worth understanding the fundamentals of strategy.

in-depth look at strategy

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Good Strategy Bad Strategy is a game-changer for anyone looking to grasp the essence of strategy. It's a journey into the realm of strategic insights. Richard Rumelt's blend of expertise and real-world experiences gives life to the subject, making it engaging and relatable. It highlights parallels between strategy and product and service design, offering valuable takeaways for various disciplines. If you're seeking a profound understanding of strategy and a captivating peek into modern business history, this book is a good one. Highly recommend!

Unlocking the Secrets of Strategy: A Must-Read!

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