Bench
press
Sign in
Get started
Good Strategy, Bad Strategy | Richard Rumelt
Chapters
01
What a strategy really is
A strategy is a design for beating a challenge: diagnosis, guiding policy, coherent action.
0:23
02
Why strategies go bad
Goals, fluff, and a missing diagnosis are the marks of a bad strategy.
2:26
03
Power and asymmetry
Strategy needs a source of power: an asymmetry that tilts the odds, like IBM's customer ties.
5:03
04
Learn from history
With no science of strategy, study history, and keep looking for a better diagnosis.
7:42
05
Call it an action agenda
Drop the word strategy. Name an important, achievable problem and list what you will do.
9:32
06
Why organizations stall
Competing interests and fear of action freeze companies. Someone must decide, as Nokia shows.
11:29
Get cuts like this