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Good Strategy / Bad Strategy

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Good Strategy / Bad Strategy

The Difference and Why It Matters

Profile Books,

15 min read
10 take-aways
Audio & text

What's inside?

Most businesspeople don’t know how to strategize. They think it means listing goals. They’re not even close.

Editorial Rating

8

Qualities

  • Innovative
  • Applicable

Recommendation

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.

About the Author

Richard Rumelt is a professor at UCLA’s Anderson School of Management and a consultant on strategic management issues.


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    C. P. 1 year ago
    Very bad summary though. I listened on Blinkist was so much better
    • Avatar
      1 year ago
      Hi Collin, we're sorry to hear you didn't enjoy the audio summary of Good Strategy / Bad Strategy. This particular audio comes from 2011. Over the last 12 years, we've greatly improved the format and style of our audio summaries, after listening to feedback from users such as yourself. We hope you enjoy some of the newer recordings from the 25,000+ titles in our library.
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    T. F. 3 years ago
    this is good to know. I am leading a strategy building workshop NeXT day for my business
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    K. P. 8 years ago
    I have personally used the crux of Mr Rumlet's book to divert an aged banking business towards a redefined success. Challenging the status quo using the diagnosis and building on "what we are good at and famous for" gave the bank a brand new perception in the market. Standby the Kernel!
    • Avatar
      7 years ago
      This is good to know. I'm leading a strategy building workshop tommorrow for my business entity and will use the Kernel steps as our guide. I will tell the folks it's worked for you ;-)

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