Summary of Good Strategy / Bad Strategy
The Difference and Why It Matters
Profile Books, 2011 more...
Most businesspeople don’t know how to strategize. They think it means listing goals. They’re not even close.
Wouldn’t it be worthwhile to sit down for an extended session with a top business thinker while he discusses the fine points of corporate strategy with you? You can, at least in an editorial sense, when you read Richard Rumelt’s work on business strategy. The prestigious McKinsey Quarterly calls Rumelt “strategy’s strategist,” and The Economist includes him on its list of the 25 most influential people in business management today. Who does he think he is, a rocket scientist? Well, yes, he also worked as an engineer on the US Voyager mission to Jupiter. Distilling a lifetime of experience, and delving into history and the classics to illustrate strategy’s importance, Rumelt shares ways to discern good strategy from bad and tells you how to implement the good. getAbstract recommends his fascinating, informative, enjoyable, erudite book and considers it necessary reading for executives and managers on the topic of strategy.
In this summary, you will learn
- What distinguishes good strategy from bad
- How to develop and implement good strategy
About the Author
Richard Rumelt is a professor at UCLA’s Anderson School of Management and a consultant on strategic management issues.
Comment on this summary
1 year agoCannot print this document
3 years agoThe book successfully outlines a profound strategy practice. A road-map for those who really wish to accomplish something with their strategy.
Contained in Knowledge Pack:
Knowledge PackStrategy BasicsThe more you think ahead, the farther you will go.
Customers who read this summary also read
Kogan Page, 2014
Andrew Campbell et al.