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Good Strategy/Bad Strategy: The Difference and Why It Matters | [Richard P. Rumelt]

Good Strategy/Bad Strategy: The Difference and Why It Matters

Developing and implementing a strategy is the central task of a leader, whether the CEO at a Fortune 100 company, an entrepreneur, a church pastor, the head of a school, or a government official. Richard 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. He shows you how insight can be cultivated with a wide variety of tools for guiding your own thinking.
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Publisher's Summary

Developing and implementing a strategy is the central task of a leader, whether the CEO at a Fortune 100 company, an entrepreneur, a church pastor, the head of a school, or a government official. Richard 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. He shows you how insight can be cultivated with a wide variety of tools for guiding your own thinking.

Good Strategy/Bad Strategy integrates fascinating examples from business, nonprofit, and military affairs to bring its original ideas to life: From Apple to General Motors, from the two Iraq wars to Afghanistan, from a small local market to Wal-Mart, from the Getty Trust to the Los Angeles Unified School District, from Global Crossing to the 2007-08 financial crisis, and many more. The abundance of business-ready insights offered by Rumelt stem from his decades of digging beyond the superficial to address hard questions with honesty and integrity.

©2012 Original material © 2011 by Richard Rumelt. Recorded by arrangement with Crown Business, an imprint of the Crown Publishing Group, a division of Random House, Inc. (P)2012 (p) 2012 HighBridge Company

What the Critics Say

“Refreshing...clear...elegant.... If you want to make strategy, you will need...this book.” (Walter Kiechel, author of The Lords of Strategy)

“Brilliant...a milestone in both the theory and practice of strategy.” (John Stopford, Emeritus Professor, London Business School)

"Drawing on a wealth of examples, Rumelt identifies the critical features that distinguish powerful strategies from wimpy ones—and offers a cache of advice on how to build a strategy that is actually worthy of the name. If you're certain your company is already poised to out-perform its rivals and out-run the future, don't buy this book. If, on the other hand, you have a sliver of doubt, pick it up pronto!” (Gary Hamel, co-author of Competing for the Future)

What Members Say

Average Customer Rating

4.4 (256 )
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  •  
    Stephen Thunder 05-01-14 Member Since 2013
    HELPFUL VOTES
    1
    ratings
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    13
    3
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    FOLLOWING
    0
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    Overall
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    "Worth it, great book"
    What was one of the most memorable moments of Good Strategy/Bad Strategy?

    I really enjoyed the rant on bad strategy


    Any additional comments?

    Loved it. I would love to meet the author and take one of his classes.

    0 of 0 people found this review helpful
  •  
    Austin Bli Bli, Australia 07-30-12
    Austin Bli Bli, Australia 07-30-12 Member Since 2012
    ratings
    REVIEWS
    2
    2
    Overall
    Performance
    Story
    "goal without action (strategy) is useless"
    Would you consider the audio edition of Good Strategy/Bad Strategy to be better than the print version?

    don't know. Haven't done the print version


    Would you be willing to try another book from Richard P. Rumelt? Why or why not?

    don't know as I don't know what he has done


    Did Sean Runnette do a good job differentiating all the characters? How?

    This was not a novel, so this is an irrelevant question


    Was there a moment in the book that particularly moved you?

    again wrong question


    Any additional comments?

    You need to differentiate the questions for a business book and a novel. They are totally different

    0 of 13 people found this review helpful
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