Jan 01, 2011 good strategy bad strategy flips strategy on its head, cuts out the fluff and digs beneath the success of companies across the ages and teaches us to replicate it by following the kernel basic skeleton of strategy. Good strategy, bad strategythe difference and why it matters. A book like this can only be written with many years of research and deep thought on the practice of strategy. It may well be that i like it so much simply because he and i.
Sep 17, 2012 in this post i continue the conversation i started in the last post on the kernel of a good strategy. Good strategy bad strategy pdf summary richard rumelt. Feb 22, 2015 billionaire book club good strategy bad strategy. Do not, i repeat, do not read this book if you plan to savor the coming 11 months of political. It utilizes the intelligent application of advantage to reach better placement in the market. When richard rumelts good strategybad strategy was published in 2011, it immediately struck a chord, calling out as bad strategy the mishmash of pop. His current research interests center on the dynamics of industry transitions, with a focus on the patterns and forces shaping the evolution of complex industries. Alas i spotted one such book good strategy bad strategy. Since then, his original and pragmatic ideas have won fans around the world and continue to help readers to recognise and avoid the. Good strategy bad strategy argues thatadvantage flows from coordination and focus as well as from resolving the impossible ambiguity of reality into a problem that fits the organizations resources and abilities, a problem on which the organization can actually go to work.
A good strategy is a specific and coherent response toand approach for. Good strategy, bad strategythe difference and why it. Bad strategy bad strategy isnt just the opposite of good strategy. The difference and why it matters, richard rumelt argues that the essence of strategy is discerning the one or two critical issues in a business problem and concentrating effort on them. It articulates the fundamentals of strategy and is exceptional in its depth and breadth of case illustrations and understanding on strategy. The difference and why it matters, leverages 40 years of academic and strategy consulting experience. He shows you how insight can be cultivated with a wide variety of tools for guiding your own thinking. Since then, his original and pragmatic ideas have won fans. Good strategy, bad strategythe difference and why it matters richard rumelt, ucla crown business, 2011 good strategy has a basic underlying logic. Good strategy bad strategy richard rumelt, 2011 strategic management is generally blamed to be a text full of jargon explaining insights which come mostly through a hindsight, and in an context which is almost always misplaced. Good strategy bad strategy by richard rumelt overdrive. Being out of the market a bad strategy for longterm investor.
Good strategybad strategy integrates fascinating examples from business, nonprofit, and military affairs to bring its original ideas to life. A deal like this amid global debt concerns good for rils valuation. Pdf good strategy bad strategy richard rumelt, 2011. Senior executives who can spot it stand a much better chance of creating good.
Tries to meet conflicting goals and ducks making hard choices is honest in identifying challenges develops a cohesive approach to. A good strategy works by harnessing and applying power where it will have the greatest effect. Fluff empty slogans filled with trendy buzzwords take the place of important insights. Jul 19, 2011 good strategybad strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful actionoriented strategy for the real world. Developing and implementing a strategy is the central task of a leader. Rumelt uses interesting stories and firsthand experiences to explain the logic of good strategy, while highlighting the pitfalls and fallacies you must avoid in bad strategy. Jan 04, 2012 good strategy bad strategy diagnosis is key jan 4 2012 9. Richard rumelts book, good strategy bad strategy, is a mustread. Good strategybad strategy who succeeds in business.
Good strategybad strategy by richard rumelt youtube. It may well be that i like it so much simply because he and i have many points of agreement about. Good strategy bad strategy, by ucla anderson school of management professor richard p. Good strategy bad strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful actionoriented strategy for the real world. Nelsons victory is a classic example of good strategy, which almost always looks this simple and obvious in retrospect. Dec 24, 2017 read our summary of good strategy bad strategy and find out what strategy is, and how you can make it the best it can be.
Good strategy bad strategy by rumelt, richard ebook. The diagnosis and actions that constitute good strategy, the fluff and failures that cause the bad. Richly illustrated and persuasively argued by a researcher, teacher, and consultant, richard rumelt has authored the playbook for anybody in a leadership position who must think and act strategically. Good strategy, bad strategy pinpoints the polar difference. Richard rumelt argues that the heart of a good strategy is insightinto the true nature of the situation, into the hidden power in a situation, and into an appropriate response. Richard rumelts book, good strategybad strategy, is a mustread. Notes from good strategy bad strategy by jeff zych. Good strategybad strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful actionoriented strategy for the real world. Basically, the direction of strategic games is the seizure of land, that is, obtaining control over the territory.
Mar 18, 2016 what makes good strategy so hard in systems change is the inherent tension between understanding the broader context and distilling that understanding into coherent actions focused on a small number of critical factors and dynamics aka the mythical leverage points. Good strategybad strategy posted on november 6, 2015 by mike pinkel in good strategybad strategy. Developing and implementing a strategy is the central task of a. Rumelts research has centered on corporate diversification strategy and the sources of sustainable advantage to individual business strategies. Senior executives who can spot it stand a much better chance of creating good strategies. Rare urges achievement of a goalbut nothing else its essentially wishful thinking problems are glossed over. Feb 21, 2016 download summary good strategy bad strategy richard rumelt the difference and why it matters read online.
Richard rumelt is one of the 25 most influential people in management today according to the economist. Good strategybad strategy the difference and why it matters 4 torrent download locations download direct good strategybad strategy the difference and why it matters could be available for direct download sponsored link good strategybad strategy the difference and why it matters 4 years good strategy bad strategy. When richard rumelts good strategybad strategy was published in 2011, it immediately struck a chord, calling out as bad strategy the mishmash of pop culture, motivational slogans and business buzz speak so often and misleadingly masquerading as the rea. Good strategybad strategy the difference and why it. We often see systems maps fail to take a strong stance on the relevance of. When richard rumelts good strategy bad strategy was published in 2011, it immediately struck a chord, calling out as bad strategy the mishmash of pop culture, motivational slogans and business buzz speak so often and misleadingly masquerading as the real thing. Part i good and bad strategy 9 chapter 1 good strategy is unexpected 11 how steve jobs saved apple business 101 is surprising general schwarzkopfs strategy in desert storm why plan a remains a surprise chapter 2 discovering power 21 david and goliath is a basic strategy story discovering walmarts secret.
Using compelling examples and penetrating insights. There is only one goal and there are many ways to achieve it. Praise for good strategybad strategy rumelts new book clearly elevates the discussion of strategy. Good strategy bad strategy who succeeds in business. The difference and why it matters, an insightful book on business strategy and successful differentiation. A history is a sweeping, magisterial account of this elemental. Richly illustrated and persuasively argued by a researcher, teacher, and consultant, richard rumelt has authored the playbook for anybody in a leadership position who must think and act. Professor freedman has written extensively on nuclear strategy and the cold. Many ceos rely on mission statements, lists of goals, and resource plans to steer their companies. Jun 09, 2011 when richard rumelts good strategybad strategy was published in 2011, it immediately struck a chord, calling out as bad strategy the mishmash of pop culture, motivational slogans and business buzz speak so often and misleadingly masquerading as the real thing. Bad strategy abounds, says ucla management professor richard rumelt. Written by one of the foremost authorities on the subject of strategy richard rumelt, the book is a true nononsense endeavor. A good strategy is a specific and coherent response to and approach for overcoming the obstacles to progress. Because if you are talking about a customer strategy, a customer experience strategy, or any other strategy you should know what you are talking about when you talk strategy.
Download it once and read it on your kindle device, pc. A leaders most important job is creating and constantly adjusting this strategic bridge between goals and objectives. Little doubt, as compared to economics, sociology or even psychology, strategic management is looked down upon. A good strategy is an entirely intentional and focused problemsolving activity, which focuses on fundamental and vital issues.
20 64 1343 1006 939 1587 79 595 1521 976 1257 1554 129 585 883 500 1194 169 740 145 74 854 191 465 1343 166 1524 1098 1162 205 975 217 965 403 1475 1635 1436 259 1585 81 866 75 109 428 1008 1099 1103 904 537