Good Strategy Bad Strategy Quotes by Richard P. Rumelt
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Good Strategy Bad Strategy Quotes by Richard P. Rumelt
Good strategy is coherent action backed up by an argument, an effective mixture of thought and action with a basic underlying structure I call the kernel.
The kernel of a strategy contains three elements: 1. A diagnosis that defines or explains the nature of the challenge. A good diagnosis simplifies the often overwhelming complexity of reality by identifying certain aspects of the situation as critical. 2. A guiding policy for dealing with the challenge. This is an overall approach chosen to cope wi
... See moreNot miscalculation, bad strategy is the active avoidance of the hard work of crafting a good strategy.