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

4.17 avg rating
( 4,323 ratings by Goodreads )
 
9781611748178: Good Strategy/Bad Strategy: The Difference and Why It Matters
View all copies of this ISBN edition:
 
 

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.

"synopsis" may belong to another edition of this title.

Review:

Clears out the mumbo jumbo and 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, whether the CEO at a Fortune 100 company, an entrepreneur, a church pastor, the head of a school, or a government official. Richard 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.” He debunks these elements of “bad strategy” and awakens an understanding of the power of a “good strategy.”

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 in challenges as varied as putting a man on the moon, fighting a war, launching a new product, responding to changing market dynamics, starting a charter school, or setting up a government program. Rumelt’s
nine sources of power—ranging from using leverage to effectively focusing on growth—are eye-opening yet pragmatic tools that can be put to work on Monday morning.

Surprisingly, a good strategy is often unexpected because most organizations don’t have one. Instead, they have “visions,” mistake financial goals for strategy,
and pursue a “dog’s dinner” of conflicting policies and actions.

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
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.

Amazon Exclusive: Walter Kiechel Reviews Good Strategy Bad Strategy

Walter Kiechel is the author of The Lords of Strategy. Until January 2003, Kiechel served as editorial director of HBP and senior vice president in charge of its publishing division, with responsibility for the Harvard Business Review; HBS Press, the company's book-publishing arm; the newsletter unit (which he helped start in 1996) as well as HBP’s video, reprints, and conference businesses

Considering the source, this is a shocking book. For over 40 years Richard Rumelt has made distinguished contributions to the field of strategy, in his theorizing, teaching, and consulting. Now comes the deponent to tell us that what purports to be strategy at most organizations, not just companies but not-for-profits and governments as well, hardly merits the name. Instead it represents what he calls "bad strategy"--a list of blue-sky goals, perhaps, or a fluff-and-buzzword infected "vision" everybody is supposed to share.

Refreshing stuff this, seeing the corporate emperor revealed not in his imagined suit of armor but rather in something resembling a diaphanous clown suit. Rumelt drives the point home with a simple explanation for why most organizations can't do "good strategy": the real McCoy requires making choices, feeding a few promising beasties while goring the oxen of others at the management table.

But the jeremiad, fun as it is--and it is fun, Rumelt has a good time punching holes in the afflatus of bad strategy--isn't my favorite part of the book. That would be the second section, with the slightly daunting title "Sources of Power." To be useful to a practitioner, a book on strategy needs not only a straightforward framework but also a certain craftiness, a set of ideas that prompt the reader to think "What a neat idea" or "How clever of them." Rumelt has the clear, elegant framework in what he calls the "kernel"--a diagnosis explaining the nature of the challenge, a guiding policy for dealing with it, coherent actions for carrying out the policy.

In "Sources of Power," though, he goes deeper than the merely crafty to identify potential levers of for strategic advantage--proximate objectives, design, and focus, among others--that transcend the purely economic. Repeatedly he demonstrates how to think down through the apparent challenge, with questions and then questions of those questions, to get at what can be the bedrock of a good strategy.

In a final section on thinking like a strategist, we get a sense of what a delight it must be to sit in Rumelt's classroom, or with him on a consulting assignment, as he leads us through the best kind of Socratic dialogue to appreciate the kinds of blinders or mass psychology that can pose the final barriers to our forging clear-eyed strategy.

If you want to make strategy, or be an informed part of the ever-evolving conversation around the subject, you will need to read this book. My bet is that you'll enjoy the experience. --Walter Kiechel

About the Author:

Sean Runnette, a multiple AudioFile Earphones Award winner, has also produced several Audie Award-winning audiobooks. His film and television appearances include Two If by Sea, Copland, Sex and the City, Law & Order, Third Watch, and lots and lots of commercials.

"About this title" may belong to another edition of this title.

Other Popular Editions of the Same Title

9780307886231: Good Strategy Bad Strategy: The Difference and Why It Matters

Featured Edition

ISBN 10:  0307886239 ISBN 13:  9780307886231
Publisher: Currency, 2011
Hardcover

9781781256176: Good Strategy/Bad Strategy: The difference and why it matters

PROFIL..., 2017
Softcover

9781781251546: Good Strategy/Bad Strategy: The difference and why it matters

Profil..., 2013
Softcover

9781846684814: Good Strategy/Bad Strategy: The difference and why it matters

Profil..., 2012
Softcover

9781846684807: Good Strategy/Bad Strategy: The difference and why it matters

Profil..., 2011
Hardcover

Top Search Results from the AbeBooks Marketplace

1.

Runnette, Sean
Published by HighBridge Audio 1/31/2012 (2012)
ISBN 10: 1611748178 ISBN 13: 9781611748178
New Quantity Available: 5
Seller:
BargainBookStores
(Grand Rapids, MI, U.S.A.)
Rating
[?]

Book Description HighBridge Audio 1/31/2012, 2012. CD-Audio. Condition: New. Good Strategy/Bad Strategy: The Difference and Why It Matters. Media. Seller Inventory # BBS-9781611748178

More information about this seller | Contact this seller

Buy New
US$ 22.88
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

2.

Published by Eddison Books Ltd, United Kingdom (2012)
ISBN 10: 1611748178 ISBN 13: 9781611748178
New Quantity Available: 10
Seller:
Book Depository International
(London, United Kingdom)
Rating
[?]

Book Description Eddison Books Ltd, United Kingdom, 2012. CD-Audio. Condition: New. ; 11.75 Hours ed.. Language: English. Brand new. 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. Seller Inventory # AAC9781611748178

More information about this seller | Contact this seller

Buy New
US$ 26.01
Convert currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, rates & speeds

3.

Published by HighBridge Audio (2012)
ISBN 10: 1611748178 ISBN 13: 9781611748178
New Quantity Available: 1
Seller:
Irish Booksellers
(Portland, ME, U.S.A.)
Rating
[?]

Book Description HighBridge Audio, 2012. Condition: New. book. Seller Inventory # M1611748178

More information about this seller | Contact this seller

Buy New
US$ 27.27
Convert currency

Add to Basket

Shipping: US$ 3.27
Within U.S.A.
Destination, rates & speeds

4.

Richard P Rumelt
ISBN 10: 1611748178 ISBN 13: 9781611748178
New Quantity Available: 1
Seller:
Grand Eagle Retail
(Wilmington, DE, U.S.A.)
Rating
[?]

Book Description Audiobook. Condition: New. Audiobook. With endorsements from both key executives and renowned business schools around the world, Richard Rumelt offers the ultimate distillation of his vast experience in what is destined to be.Shipping may be from multiple locations in the US or from the UK, depending on stock availability. 705 pages. 0.353. Seller Inventory # 9781611748178

More information about this seller | Contact this seller

Buy New
US$ 31.30
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

5.

Published by Highbridge Company
ISBN 10: 1611748178 ISBN 13: 9781611748178
New Quantity Available: > 20
Seller:
BuySomeBooks
(Las Vegas, NV, U.S.A.)
Rating
[?]

Book Description Highbridge Company. No binding. Condition: New. 705 pages. Dimensions: 5.9in. x 5.1in. x 1.0in.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 insightinto 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 StrategyBad 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. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Audio CD. Seller Inventory # 9781611748178

More information about this seller | Contact this seller

Buy New
US$ 31.96
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

6.

Published by Eddison Books Ltd, United Kingdom (2012)
ISBN 10: 1611748178 ISBN 13: 9781611748178
New Quantity Available: 10
Seller:
The Book Depository
(London, United Kingdom)
Rating
[?]

Book Description Eddison Books Ltd, United Kingdom, 2012. CD-Audio. Condition: New. ; 11.75 Hours ed.. Language: English. Brand new. 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. Seller Inventory # AAC9781611748178

More information about this seller | Contact this seller

Buy New
US$ 32.60
Convert currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, rates & speeds

7.

Sean Runnette (read by), Richard Rumelt (artist)
Published by HighBridge Company 2012-01-31, Prince Frederick (2012)
ISBN 10: 1611748178 ISBN 13: 9781611748178
New Quantity Available: > 20
Seller:
Blackwell's
(Oxford, OX, United Kingdom)
Rating
[?]

Book Description HighBridge Company 2012-01-31, Prince Frederick, 2012. audio CD. Condition: New. Seller Inventory # 9781611748178

More information about this seller | Contact this seller

Buy New
US$ 33.97
Convert currency

Add to Basket

Shipping: US$ 9.77
From United Kingdom to U.S.A.
Destination, rates & speeds

8.

Runnette, Sean (Narrator)/ Rumelt, Richard (Contributor)
Published by Highbridge Co (2012)
ISBN 10: 1611748178 ISBN 13: 9781611748178
New Quantity Available: 2
Seller:
Revaluation Books
(Exeter, United Kingdom)
Rating
[?]

Book Description Highbridge Co, 2012. Audio CD. Condition: Brand New. unabridged; 11.75 hours edition. 705 pages. 6.00x5.00x1.00 inches. In Stock. Seller Inventory # x-1611748178

More information about this seller | Contact this seller

Buy New
US$ 49.76
Convert currency

Add to Basket

Shipping: US$ 9.77
From United Kingdom to U.S.A.
Destination, rates & speeds

9.

Published by HighBridge Audio (2012)
ISBN 10: 1611748178 ISBN 13: 9781611748178
New Quantity Available: 2
Seller:
Murray Media
(NORTH MIAMI BEACH, FL, U.S.A.)
Rating
[?]

Book Description HighBridge Audio, 2012. Audio CD. Condition: New. Never used!. Seller Inventory # P111611748178

More information about this seller | Contact this seller

Buy New
US$ 62.58
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds