A good strategy does more than urge us forward towards goal or vision.
A good strategy honestly acknowledges the challenges being faced and provides an approach to overcoming them.
#goodstrategybadstrategy#strategy
Our long to-do list of quarter(s) are often mislabelled as strategies or objectives. Such lists usually grow out of loooong planning meetings in which a wide variety of stakeholders make suggestions as to things *they would like to see done*. #GoodStrategyBadStrategy#book
📘✨ Finished reading "Good Strategy/Bad Strategy: The Difference and Why it Matters" by Richard Rumelt ✨📘
This one was a long one to get through. The gist of the book is excellent. We tend to attach strategy to everything we do, but all of that is fluff.
1. The Kernel of Good Strategy: a good strategy contains a diagnosis that defines the nature of the challenge, a guiding policy for dealing with the challenge, and a set of coherent actions designed to carry out the guiding policy.
2. Spotting Bad Strategy: Vague, goal-oriented declarations ("fluff") that fail to address the real issues. Bad strategy often masquerades as ambitious goals without a clear plan to achieve them, avoiding the hard decisions.
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Read Rumelt's #GoodStrategyBadStrategy
He begins by showing you what Bad Strategy looks like.
Then he shows you a solid structure for a Good Strategy and prepares you for the organizational challenges of a good strategy.
Cómo dice el gran @RichardRumelt en su libro #GoodStrategyBadStrategy tomar decisiones es renunciar a algo, y dejar algo atrás es perder, no somos muy buenos en eso, tenemos aversión a la pérdida, como dice el querido @kahneman_daniel esto es más grave que no ganar
Make a list of the ten most important things you can do. And then, start doing number one.
The more profound truth is that constructing the list will make you reflect through the intersection between what is important and what is actionable.
#GoodStrategyBadStrategy
Two extra days to regroup for Sri Lanka.. would zoom calls from Colombo help?
Team is playing the biggest Test tour of the year with no permanent head coach.
Now they need to recruit a big name to avoid blame.
#GoodStrategyBadStrategy
Yah, I think of strategy as clearly explaining a specific set of tradeoffs being made rather than a plan (e.g. diagnosis and guiding policies of a GoodStrategyBadStrategy definition for strategy)