Maybe this is advanced as far as strategy books go but it struck me as a really good introduction to strategy somewhat halfway to decisions theory. In Good Strategy/Bad Strategy, Richard Rumelt describes what bad strategy is and why we see so much of it.He also shares his framework for what drives good strategy along with guidance on how to create more of it. Is your strategy a mix of slogans and goals, or a set of objectives that offer solutions to key problems? A leader’s most important job is creating and constantly adjusting this strategic bridge between goals and objectives. Great book — one of my favourites as I read it in a very relevant time of my journey. Good Strategy Bad Strategy is a clever explanation of powerful action-oriented strategies for the real world. I’ve just read Good Strategy Bad Strategy: The Difference and Why it Matters by Richard P. Rumelt. Commenté au Royaume-Uni le 4 février 2018. Audio. Goal-oriented communication articulates: what is the goal, why are we pursuing the goal, and the constraints around the project. It articulates the fundamentals of strategy and is exceptional in its depth and breadth of case illustrations and understanding on strategy. I had a lot to learn from this book, out of which I think the most important thing that stuck was to eliminate the fluff. Read Books Good Strategy Bad Strategy: The Difference and Why It Matters E-Book Free. A great and eye-opening read about what strategy is and - perhaps more importantly - what it is not. A book like this can only be written with many years of research … (PDF) Richard Rumelt Good Strategy Bad Strategy The ... ... aaa 'It is embarrassing for an intelligent adult to be associated with this sort of bloviating' is one of many (this one being targeted at Cornell's benign mission statement). Welcome back. Who does he think he is, a rocket scientist? Good Strategy Bad Strategy: The Difference and Why It Matters by Richard Rumelt. It has a good element that works and a bad element that fail to yield any measurable result. This is such a great book, but I debated rating it 4 stars because I felt some of the examples dragged on a little, becoming slightly monotonous. The Art of Strategy – A Game Theorist′s Guide to Success in Business and Life, stratégie océan bleu: Comment créer de nouveaux espaces stratégiques, Hooked: How to Build Habit-Forming Products. This book is a must read for anyone involved in developing business strategies. Who does he think he is, a rocket scientist? (77) Has some good thoughts regarding why bad strategy is so pervasive (normally a result of an unwillingness to make hard choices, templating, or a belief in the power of positive attitude as sufficient for good strategy. Good Strategy / Bad Strategy, by UCLA Anderson School of Management professor Richard P. Rumelt, takes a nebulous concept and makes it concrete. Also strategy is not just goals or guiding policies, strategy is about action, about doing something. Summary: Good Strategy Bad Strategy: Review and Analysis of Rumelt's Book. Richly illustrated and persuasively argued by a researcher, teacher, and consultant, Richard Rumelt has authored the playbook for anybody in a leadership position who must think and act strategically. For fully internalizing the main takeaways, I probably will have to read the book twice. Découvrez les avantages de l'application Amazon. Rumelt destroys charisma as being necessarily good or sufficient for strategy. The author cuts the fat while explaining the strategy making process, making it more accessible to the average reader using a plethora of case studies. 0:22. The barbs he slings at 'bad' strategists are hilarious. Un livre clair et passionnant qui permet de comprendre comment la simplicité d'une stratégie est le fruit d'une analyse poussée, et comment monter une stratégie qui ait du sens. This book seems a lot longer than necessary. The book demonstrates strategies from large corporations and his personal anecdotes. You can, at least in an editorial sense, when you read Richard Rumelt’s work on business strategy. One fundamental idea presented in an understandable manner. Strategy is the process of searching for operating procedures that could improve the performance of the organisation. Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world. Fairly standard corporate strategy fare. Veuillez renouveler votre requête plus tard. La stratégie, du moins la bonne stratégie revient à utiliser des idées dont la force réside en partie dans leur simplicité, leur bon sens. Commençons par éliminer tout effet de surprise inutile : Good Strategy / Bad Strategy est un excellent bouquin, qui s’adresse à une population bien plus vaste que le cercle restreint des « élus », « managers » et autres « leaders » d’entreprises. Developing and implementing a strategy is the central task of a leader.A good strategy is a specific and coherent response to - and approach for - overcoming the obstacles to progress. Also when somebody contacts you for advice or appraisal on some strategy matter then do not rush into it (the reason why I don't like most consultants) but first try to uncover what is the underlying problem the requester is struggling with. It was chosen one of six finalists for the Financial Times & Goldman Sachs Business Book of the Year award for 2011. The book: Good Strategy/Bad Strategy: The Difference and Why It Matters, by Richard P. Rumelt; Crown Business. by Crown Business, Good Strategy Bad Strategy: The Difference and Why It Matters. Rosamar45. That’s why you must read this book so that you know what’s gold and what’s dross! I somehow ended buying this book in four separate formats – Kindle, Audible, Apple Books and hardcover. The funniest part is when it provides a template list for mission, vision, goals with a lot of fluffy words where you just have to insert any company and industry name. Richard Rumelt. Not as schticky as a lot of corporate/consulting books, this book is clearly written and gets strong points across. Il analyse également les commentaires pour vérifier leur fiabilité. One of the best "business" books I've read. Essais et documents de l'économie (Livres), Traduire tous les commentaires en français, Afficher ou modifier votre historique de navigation, Recyclage (y compris les équipements électriques et électroniques), Annonces basées sur vos centres d’intérêt. Again - meh. Chlodomer Faris33 . Veuillez réessayer. [See Ch. Book summary: Good strategy bad strategy 1. by Richard Rumelt Most people give up very close to the finish line - Ross Perot Book Review Good Strategy Bad Strategy 2. One of these you not only read but you actually study it. Each pillar contained a load of specific products and initiatives. Fairly standard corporate strategy fare. Vous écoutez un extrait de l'édition audio Audible. Charlie Munger is one of the world's greatest investors. 11:41. Images. New Book Good Strategy Bad Strategy: The Difference and Why It Matters. Cela dit, il m’a quand même fallu quelques jours de digestion avant de réellement comprendre pourquoi. It presents views on a range of issues that are fundamental yet which have not been given much daylight. Quite good book. Developing and implementing a strategy is the central task of a leader.A good strategy is a specific and coherent response to—and approach for—overcoming the obstacles to progress. From the author's forty years experience as a research, teacher at UCLA and as a consultant, he brings on nuggets of wisdom on ways to formulating good strategies and staying away from bad ones. --Management Today Drawing on a wealth of examples, Rumelt identifies the critical features that distinguish powerful strategies from wimpy ones--and offers a cache of advice on how to build a strategy that is actually worthy of the name. Livraison à partir de 0,01 € en France métropolitaine, Consulter la page Richard Rumelt d'Amazon, Good Strategy/Bad Strategy: The difference and why it matters. Over the last month I've been reading Good Strategy, Bad Strategy during my commute, and it's been the most thought-provoking book I've read in some time. In this post I’ll explain why I love this book, provide an overview of Rumelt’s core concepts, and offer a few thoughts on (and dare I say an enhancement to) his strategy framework. A great and eye-opening read about what strategy is and - perhaps more importantly - what it is not. Best.fucking.strategy.book.ever.All.hail.Richard.Rumelt. Rumelt dispels popular misconceptions about strategy - such as confusing it with ambitions, visions or financial goals - by very practically showing that a good strategy focuses on the challenges a business faces, and providing an insightful new approach for overcoming them. In short, Bob showed me three ‘strategic pillars’ for the business. Good Strategy/Bad Strategy: The Difference and Why It Matters. Good Strategy/Bad Strategy argues that…advantage flows from coordination and focus as well as from resolving the impossible ambiguity of reality into a problem that fits the organization’s resources and abilities, a problem on which the organization can actually go to work. a été ajouté à votre Panier. Peggialewski. This is how good it is. What was so great about this book? Nokia and Kodak). Start by marking “Good Strategy Bad Strategy: The Difference and Why It Matters” as Want to Read: Error rating book. Certainly, I've found myself it takes absolute mastery of a subject to really be able to convincingly whittle things down to a simple model. Playing to Win: How Strategy Really Works. A graphics company contacted the author and strategic management consultant Richard Rumelt for his help in defining its strategy. Well, yes, he also worked as an engineer on the US Voyager mission to Jupiter. Commenté au Royaume-Uni le 6 juillet 2019. An illustration of a heart shape Donate. 6 min read. What is strategy Must define many plausible and immediate actions What an organization does + does not do Heart of strategy … Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world. In other words, he planned for his firm’s revenues to increase 20% each year, and for its profit margin reach to achieve 20% or higher. Livraison rapide et en très bonne état. A good primer for strategy. The idea that execution is distinct from strategy has become firmly ensconced in management thinking over the past decade. In this Good Strategy Bad Strategy summary, we’ll briefly outline some of these powerful ideas. Well put together, though, and pithy. Good Strategy / Bad Strategy : The difference and why it matters, Choisissez parmi 20 000 points retrait en France et en Belgique, incluant points relais et consignes automatiques Amazon Lockers, Les membres du programme Amazon Prime bénéficient de livraisons gratuites illimitées, Sélectionnez cette adresse lors de votre commande, Acheter les articles sélectionnés ensemble, Livraison à EUR 0,01 sur les livres et gratuite dès EUR 25 d'achats sur tout autre article. You can consider it a necessary reading for executives and managers on the topic of strategy. Good Strategy, Bad Strategy. Et croyez-moi, ce serait dommage. by W. 2. Sadly though the author had an overstated opinion of his skills and comes off super arrogant much of the time. How to achieve that goal is left to the employee. In writing Goal-Oriented Communication, I noticed a parallel between those ideas and the outline of "good strategy" in the book Good Strategy/Bad Strategy by Richard Rumelt. I also liked the chapter and the idea about working around one's cognitive limitations by writing things down and organizing them to see the bigger picture and understand what is truly important and what is actionable (my strongest weapon against overwhelming amounts of information and complexity). I came across a senior executive a few months ago, let’s call him “Bob”, who talked me through his startup’s strategy. Book Review and Commentary Good Strategy/Bad Strategy: The Difference and Why It Matters Richard Rumelt London: Profi le Books, 2011 BRIAN HARNEY* Strategy is in trouble: noted shortcomings include a failure to anticipate the fi nancial crisis, exposed defi ciencies in its economic heritage, and once lauded companies succumbing to complacency and inertia (e.g. Developing and implementing a strategy is the central task of a leader. Probably should have been called Memoirs, Musings and Mysteries of a Genius Strategist, being a book which aims to secure Rumelt’s legacy, rather than convey deep practical and theoretical knowledge about strategy. If you haven't heard of record-smashing singer and songwriter Mariah Carey, is there any hope for you? Richly illustrated and persuasively argued by a researcher, teacher, and consultant, Richard Rumelt has authored the playbook for anybody in a leadership position who must think and act strategically. What is strategy Must define many plausible and immediate actions What an organization does + does not do Heart of strategy = Advantage 3. Is your strategy a mix of slogans and goals, or a set of objectives that offer solutions to key problems? We’d love your help. About Good Strategy Bad Strategy. He explains what goes into developing a strategy, what makes a strategy good, and what makes a strategy bad – which makes good strategy even clearer. Richard Rumelt, in his forthcoming book to be released in the U.S., July 19th, Good Strategy/Bad Strategy: The Difference and Why It Matters, leverages 40 years of academic and strategy consulting experience. Quels sont les concepts à appréhender pour comprendre en profondeur le problème à résoudre pour ensuite en déduire la bonne stratégie à appliquer, et surtout les actions à appliquer ? The writer Richard Rumelt puts light on the differences between a “good strategy” and a “bad strategy”. I captured some memorable quotes and insights that I thought might be of interest. Be the first to ask a question about Good Strategy Bad Strategy. The end has less to do with the rest of the book and was a bit disappointing. There are many books on strategy but none as good and thought-provoking as Richard Rumelt's Good Strategy/Bad Strategy. (58). The book is written in an accessible style and peppered with useful examples of both good and bad strategy (as the title would suggest!). Richard Rumelt, in his forthcoming book to be released in the U.S., July 19th, Good Strategy/Bad Strategy: The Difference and Why It Matters, leverages 40 years of academic and strategy consulting experience. He then explains what good strategy his with both a diagnosis of the challenges and a therapy to reach the goals (Kernel). Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world. This ended up being super distracting for me when combined with the fact that there is tons of fluff in the book (ironically one of the things he criticizes). Les membres Amazon Prime profitent de la livraison accélérée gratuite sur des millions d’articles, d’un accès à des milliers de films et séries sur Prime Video, et de nombreux autres avantages. 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. Un problème s'est produit lors du chargement de ce menu pour le moment. Good Strategy, Bad Strategy: The Difference & Why It Matters Author: Richard Rumelt. Trouver tous les livres, en savoir plus sur l'auteur. It is full of examples where the author looks back on events and determines that he was right at the very beginning and that his strategy was (or would have been) best for the client. It is very empty, lack of concrete content, just examples piled up with abstract words. New Book Good Strategy Bad Strategy: The Difference and Why It … Some good principles and practices but depends what you want from this book, Commenté au Royaume-Uni le 1 octobre 2017. Given the number of times I've referred to it recently, I've written up some notes to share! The author talks about how most of the time what people call a "strategy" is more like a "strategic goal", like "Our strategy is to be the #1 car dealership in America". Building on solid academic foundations and using fascinating examples from business, politics and history, Rumelt exposes the many fallacies that surround this important concept while providing his own unique and refreshingly-clear approach on how to develop … The book helps you to differentiate bad strategy (or what is not strategy at all) and manage your own thinking around strategy ("what would Steve Jobs think about my idea"). Excellent ouvrage de stratégie avec des exemples concrets tant à suivre qu'à éviter. His central thesis is that good strategy has good structure, a "kernel" consisting of a diagnosis, a guiding policy, and a coherent action." Meh. shortlist 2011. A good strategy is a specific and coherent response to—and approach for—overcoming the obstacles to progress. This is probably the most the most enlightening book I've read in the last 5 years. An insightful but long-winded exploration of effective strategy. The style is straight forward, there is a wealth of positive and negative examples (the author has an incredible amount of experience to draw from), and plenty of insight which I'm fairly certain will permanently change how I think about strategy. Refresh and try again. Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world. An illustration of text ellipses. The author cuts the fat while explaining the strategy making process, making it more accessible to the average reader using a plethora of case studies. He also taught for several years at INSEAD in France, and has been a consultant to a wide range of organisations, from the Samuel Goldwyn Company to Shell. 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? Car GSBS est spécial. À la place, notre système tient compte de facteurs tels que l'ancienneté d'un commentaire et si le commentateur a acheté l'article sur Amazon. I liked the cases he presented to get his points across, though I think that for some he got a bit too into it and made them very difficult to keep up - I had to stop and google people and events. Rumelt has always challenged dominant thinking, ever since, in 1972, he was the first person to uncover a statistical link between corporate strategy and profitability - and this is his long-awaited tour de force. Rumelt even dedicates 3 to 4 pages mocking the self help gurus from new thought who for 3 centuries now in America, sometimes using a disguise of sophistication others not even trying to look adult, propagate the belief that you just have to think positive and profits and adaptation to a changed environment will follow without deeper questions and actions. Having recently listened to Good Strategy, Bad Strategy by Richard Rumelt on Audible I am reminded by why it is considered one of the best books on thinking strategically. His central thesis is that good strategy has good structure, a "kernel" consisting of a diagnosis, a guiding policy, and a coherent action." More. This is a beautiful book with clear writing and brilliant examples. He has given a framework for implementing a good strategy and mentions that most companies don’t have a strategy in place; they forget about the good or bad strategy. Bad strategy, ridiculous as it is made obvious by such template , is prevalent. If there is one criticism of such a wonderful book is that it would be easy to have a parallel of his ideas and concepts with those of other great strategists like Porter or Mintzberg so that this could be even more useful for the strategy field, by clearly pointing out in the text, or at least creating a table of equivalence between the informal language of Rumelt and published well acknowledge concepts of strategy from other authors and mainstream textbooks also on good strategy, Commenté au Royaume-Uni le 14 septembre 2014. Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant. The kernel is the way you develop a good strategy. This book is fascinating, informative, enjoyable, erudite book. The One Thing by Gary Keller (Study Notes) - Duration: 1:14:33. Why I Love This Book At least, you should, since it provides literally tens of deep, insightful thoughts on (surprise, surprise) strategy work. One of the things I appreciated about the book was the litany of examples of good and bad strategy throughout, it really helped to drive the learning home. Strategy is not just about goals or getting things done but it should be very much concerned with establishing or strengthening a competitive advantage. Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world.. Well, yes, he also. International Harvester learned about this element of bad strategy the hard way. In a nutshell, Richard summarizes good strategy in 3 steps: 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? The processes are discussed with a clarity and humour that exposes false prophets and explains that there are no magic wands. Book summary: Good strategy bad strategy 1. by Richard Rumelt Most people give up very close to the finish line - Ross Perot Book Review Good Strategy Bad Strategy 2. This is the best book I have read on the topic of strategy this year, it made me think in a different way about strategy and came timely just before the planning cycle for the upcoming year. Nous utilisons des cookies et des outils similaires pour faciliter vos achats, fournir nos services, pour comprendre comment les clients utilisent nos services afin de pouvoir apporter des améliorations, et pour présenter des annonces. Cette fonction d'achat continuera à charger des articles lorsque la touche Entrée est enfoncée. Now that I’ve read this book, I won’t think about doing strategy the same way ever again. The premise of the book is that a business is a coopeerative human activity and all businesses are inherently different. This review first appeared on "Defense Innovator" (. A Look At The Portfolio Of Billionaire Charlie Munger. Instead, a talented leader identifies the one or two critical issues in the situation — and then focuses and concentrates action and resources on them. In many companies "strategy" is just a vaguely motivational, vacuous pie in the sky wishing amassed with political correctness statements. Other stories presume a certain strategy existed because success was achieved by some measure. The barbs he slings at 'bad' strategists are hilarious. The One Thing by Gary Keller (Study Notes) - Duration: 1:14:33. Good Strategy/Bad Strategy has much to offer and has every chance of becoming a business classic." Too dull to continue after two chapters. Good Strategy/Bad Strategy: The Difference and Why It Matters. The writer identifies all the hogwash that is passed on as strategy and then shows what a good strategy looks like. Just a moment while we sign you in to your Goodreads account. Strategy is in trouble: noted shortcomings include a failure to anticipate the fi nancial crisis, exposed defi ciencies in its economic heritage, and once lauded companies succumbing to complacency and inertia (eg Nokia and Kodak). And, if you cannot assess that, you cannot reject a bad strategy or improve a good one. I've heard it said that the hallmark of genius is being able to take relatively complex subjects and make them simple to understand. “Richard Rumelt’s book, Good Strategy/Bad Strategy, is a must-read. Good Strategy/Bad Strategy is not a rehash of existing strategy doctrines and frameworks. The examples and advice are mostly related to business (usually large corporations), but they also deal with nonprofits and government. For a quick overview of his work, make sure to read The Perils of Bad Strategy.. Rumelt has helped me know some danger signals to watch for. Good Strategy, Bad Strategy pinpoints the polar difference: The diagnosis and actions that constitute good strategy, the fluff and failures that cause the bad. The examples of bad strategies were eye-opening, and sadly all too common in the corporate world, or the public service. Also strategy is not just goals or guiding policies, strategy is about action, about doing something. The must-read summary of Richard Rumelt's book: "Good Strategy Bad Strategy: The Difference and Why It Matters". Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant, Expanded Ed. Strategy Made as enticing as a Novel: Unmasking Pseudo-Strategy and Explaining How to Devise a Good Strategy! Every once in a while a book comes along that changes how you perform one aspect of your life. And the grea… They live in … By Richard Rumelt. De nombreux exemples, se lit avec plaisir, des réfèrences saisissantes... Les concepts clés qui régissent une bonne stratégie. A while ago, the excellent Russell Davies gave me a copy of Good Strategy, Bad Strategy. Written in an informal tone, the reader can immediately connect with the author. Chad Logan, a random prospective small business client of Rumelt's, must be icing down from the sick burns. Rumelt is married to Kate Rumelt; the couple enjoy hiking and skiing. Richly illustrated and persuasively argued by a researcher, teacher, and consultant, Richard Rumelt has authored the playbook for anybody in a leadership position who must think and act strategically.

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