Being refreshed... Good Strategy, Bad Strategy: The Difference and Why It Matters. There is some good information here about how and why to structure a strategy, coupled together with what makes a bad strategy and how to find/avoid them. There are no discussion topics on this book yet. Full of relevant case studies, GS/BS is a must read if you're serious about developing business strategy or strategic decision making. This item cannot be shipped to your selected delivery location. One of the best "business" books I've read. Must-read for any leader or executive. Who does he think he is, a rocket scientist? Why I Love This Book An illustration of an audio speaker. Well put together, though, and pithy. I liked the cases he presented to get his points across, though I think that for some he got a bit too into it and made them very difficult to keep up - I had to stop and google people and events. One of the things I appreciated about the book was the litany of examples of good and bad strategy throughout, it real. 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. To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. (58). Very readable and provided a lot of insight to business and the thinking needed to run a successful business. Strategy is the process of searching for operating procedures that could improve the performance of the organisation. After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. Well put together, though, and pithy. Goodreads helps you keep track of books you want to read. But it is not a profound explanation of the problem; nor is it a practical guide for what to do about it. Strategy is not just about goals or getting things done but it should be very much concerned with establishing or strengthening a competitive advantage. Also strategy is not just goals or guiding policies, strategy is about action, about doing something. Fairly standard corporate strategy fare. Through examples of well-known companies who successfully implemented Good Strategies (and a few who fell for bad ones), the basic building blocks and science of strategy is illustrated. One of these you not only read but you actually study it. A must read for anyone serious about understanding strategy. Prime members enjoy FREE Delivery and exclusive access to movies, TV shows, music, Kindle e-books, Twitch Prime, and more. Some good principles and practices but depends what you want from this book, Reviewed in the United Kingdom on 1 October 2017. One fundamental idea presented in an understandable manner. Details Published Fomat New Used; Good Strategy, Bad Strategy: The Difference and Why It Matters. by Richard … From the author's forty years experience as a research, teacher at UCLA and as a consultant, he brings on nuggets of wisdom on ways to formulating good strategies and staying away from bad ones. The book helps you to differentiate bad strategy (or what is not strategy at all) and manage your own thinking around strategy ("what would Steve Jobs think about my idea"). Again - meh. Gave really good insights into strategy. This is a must read for anyone in software development. Welcome back. An insightful but long-winded exploration of effective strategy. Let us know what’s wrong with this preview of, Published It has certainly given me food for thought I will carry forward when developing and contributing to strategy. You can, at least in an editorial sense, when you read Richard Rumelt’s work on business strategy. July 19th 2011 This is the first book on strategy I have read that I have found difficult to put down. This is a beautiful book with clear writing and brilliant examples. You can, at least in an editorial sense, when you read Richard Rumelt’s work on business strategy. An exceptional book. There are some, but much of the book is long histories and case studies of business practice, which may be great for many readers but wasn't really for me. Instead, our system considers things like how recent a review is and if the reviewer bought the item on Amazon. A real masterpiece that is as easy and compelling to read as it is authoritative. In other words, he planned for his firm’s revenues to increase 20% each year, and for its profit margin reach to achieve 20% or higher. The book helps you to differentiate bad strategy (or w. This is the best book I have read on the topic of strategy this year, it made me think in a different way about strategy and came timely just before the planning cycle for the upcoming year. This is a wonderful strategy book, enticing and gripping, that tells us like it is on the world of bad strategy, unmasking the fluff of pseudo-strategy and flawed thought. The Art of Strategy: A Game Theorist’s Guide to Success in Business and Life Quite good book. For something that might help you as a manager to deal with, "Good Strategy/Bad Strategy" is superior to most business books out there because it dares to call bull---- on what commonly passes for "strategic planning" in most organizations. 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 is rare because it requires leaders to make a choice, and say not too many things in order to say yes to a very specific thing. We’d love your help. Developing and implementing a strategy is the central task of a leader. 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. Sadly though the author had an overstated opinion of his skills and comes off super arrogant much of the time. Other stories presume a certain strategy existed because success was achieved by some measure. Chad Logan, a random prospective small business client of Rumelt's, must be icing down from the sick burns. This book is a must read for anyone involved in developing business strategies. Interesting and compelling. Well, yes, he also worked as an engineer on the US Voyager mission to Jupiter. It is pretty good as a catalogue of "bad strategy." Since there are so many different definitions of “strategy,” and disagreements over the years of what it means, I found this resource useful to bring clarity around it. Playing to Win: How Strategy Really Works, Inspired: How to Create Tech Products Customers Love, How Brands Grow: What Marketers Don't Know, The Boston Consulting Group on Strategy: Classic Concepts and New Perspectives, The Art of Strategy: A Game Theorist's Guide to Success in Business and Life. One of the things I appreciated about the book was the litany of examples of good and bad strategy throughout, it really helped to drive the learning home. Software. When Richard Rumelt's Good Strategy/Bad Strategy was published in 2011, it immediately struck a chord, calling out as bad strategy the mish-mash of pop culture, motivational slogans and business buzz speak so often and misleadingly masquerading as the real thing. This is a wonderful strategy book, enticing and gripping, that tells us like it is on the world of bad strategy, unmasking the fluff of pseudo-strategy and flawed thought. Booko found 14 book editions of Good Strategy / Bad Strategy by Richard Rumelt. Be the first to ask a question about Good Strategy Bad Strategy. This without really having any notion of scope or intrinsic competitive advantage, based on unique resources and capabilities, about how to achieve the goals. Good Strategy Bad Strategy: The Difference and Why It Matters, Hardcover – Illustrated, 27 February 2018. Also strategy is not just goals or guiding policies, strategy is about action, about doing something. I recommend this read. Certainly, I've found myself it takes absolute mastery of a subject to really be able to convincingly whittle things down to a simple model. The most useful aspect of this book is how the author clearly illustrates what bad strategies are like, which other books tend to avoid. by Crown Business, Good Strategy Bad Strategy: The Difference and Why It Matters. You're listening to a sample of the Audible audio edition. Good Strategy, Bad Strategy pinpoints the polar difference: The diagnosis and actions that constitute good strategy, the fluff and failures that cause the bad. Recommended for understanding business strategy. I've heard it said that the hallmark of genius is being able to take relatively complex subjects and make them simple to understand. I also liked the chapter and the idea about working around one's cognitive limitations by writing things down and organizing them to see the bigger picture and understand what is truly important and what is actionable (my strongest weapon against overwhelming amounts of information and complexity). Reviewed in the United Kingdom on 6 July 2019. Good strategy coordinates efforts and has a thesis that may or may not be right, but forces the organization to move in a particular way. Please try your request again later. His central thesis is that good strategy has good structure, a "kernel" consisting of a diagnosis, a guiding policy, and a coherent action." Faced and provides an appr… good Strategy/Bad strategy is and if the reviewer the! The practice of strategy and then shows what a good strategy Bad strategy: the and. Strategy throughout, it real therapy to reach the goals ( Kernel ) opinion of his and! Make you able to focus on the most important concepts in the United on. Of the organisation is going to level up your strategic thinking 10x and make simple. Logan on blast - unwittingly providing comic relief, because what did this dude do to inspire much! Executives and managers on the practice of strategy. studies, GS/BS is a must if! 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