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Good Strategy, Bad Strategy by UCLA Anderson professor Richard Rumelt is by far my favorite book on 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. 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. 6 min read. Des tiers approuvés ont également recours à ces outils dans le cadre de notre affichage d’annonces. 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? 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. So, what exactly is a good strategy vs bad strategy, why is bad strategy so prevalent, and is there a way to systemically craft good strategies? Rumelt is surly and arrogant. They live in … About half the book discusses sources of power: leverage, proximate objectives, chain-link systems, etc. Désolé, un problème s'est produit lors de l'enregistrement de vos préférences en matière de cookies. 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. Good Strategy/Bad Strategy is not a rehash of existing strategy doctrines and frameworks. Article Type: Suggested reading From: Strategic Direction, Volume 28, Issue 8 Richard P. Rumelt,Crown Business, New York, NY, 2011, 336 pp.. Meh. Be the first to ask a question about Good Strategy Bad Strategy. Personal life. 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 ? One of the best business books I have read! I've heard it said that the hallmark of genius is being able to take relatively complex subjects and make them simple to understand. by Richard Rumelt. Felt the book could've been summed up in one chapter. This book is a must read for anyone involved in developing business strategies. Fairly standard corporate strategy fare. This book is fascinating, informative, enjoyable, erudite book. 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. Des idées simples ! 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. 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. Audio. In Good Strategy/Bad Strategy: The Difference and Why it Matters, Richard Rumelt argues that the essence of strategy is discerning the one or two critical issues in a business problem and concentrating effort on them.Developing a strategy requires making a clear diagnosis of the problem, defining an overall approach to solving it, and creating a set of mutually reenforcing coherent actions … 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. An illustration of a heart shape Donate. Vous écoutez un extrait de l'édition audio Audible. I captured some memorable quotes and insights that I thought might be of interest. Not perfect. 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. The One Thing by Gary Keller (Study Notes) - Duration: 1:14:33. 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. If you haven't heard of record-smashing singer and songwriter Mariah Carey, is there any hope for you? 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. The beginning is very helpful to identify good strategy and differentiate it from bad. 0:22. What is strategy Must define many plausible and immediate actions What an organization does + does not do Heart of strategy … I want to qualify my review by saying I come from an advertising strategy background so was looking for something different - more craft, process and principles. (PDF) Richard Rumelt Good Strategy Bad Strategy The ... ... aaa Good Strategy, Bad Strategy pinpoints the polar difference: The diagnosis and actions that constitute good strategy, the fluff and failures that cause the bad. New Book Good Strategy Bad Strategy: The Difference and Why It … 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. Instead, a talented leader identifies the one or two critical issues in the situation — and then focuses and concentrates action and resources on them. His central thesis is that good strategy has good structure, a "kernel" consisting of a diagnosis, a guiding policy, and a coherent action." At least, you should, since it provides literally tens of deep, insightful thoughts on (surprise, surprise) strategy work. Rosamar45. (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. The examples of bad strategies were eye-opening, and sadly all too common in the corporate world, or the public service. Books. 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. July 19th 2011 I recommend this read. You can, at least in an editorial sense, when you read Richard Rumelt’s work on business strategy. 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. Richard Rumelt. a été ajouté à votre Panier. Rumelt puts Chad Logan on blast - unwittingly providing comic relief, because what did this dude do to inspire so much ire? An illustration of two cells of a film strip. Who else has sold more than 200 million... To see what your friends thought of this book. Good Strategy, Bad Strategy: The Difference & Why It Matters Author: Richard Rumelt. The examples in the book were also interesting (like the Nvidia or Starbucks example or how Hannibal beat the Romans consistently), in general there was a lot of new information and the main thing that resonated multiple times from my previous reads were the cognitive fallacies from Kahneman (seems hard to write a book without them these days... ). Rumelt destroys charisma as being necessarily good or sufficient for strategy. It articulates the fundamentals of strategy and is exceptional in its depth and breadth of case illustrations and understanding on strategy. Must-read for any leader or executive. A good strategy honestly acknowledges the challenges being faced and provides an approach to overcoming them. Each pillar contained a load of specific products and initiatives. For the full details, examples and tips, do Pour calculer l'évaluation globale en nombre d'étoiles et la répartition en pourcentage par étoile, nous n'utilisons pas une moyenne simple. The book helps you to differentiate bad strategy (or w. 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. This book changed the way I think about how I want to get things done both in my work and in my personal life. 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). Veuillez réessayer. 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. More. 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. Best.fucking.strategy.book.ever.All.hail.Richard.Rumelt. Who does he think he is, a rocket scientist? [See Ch. For fully internalizing the main takeaways, I probably will have to r. This is probably the most the most enlightening book I've read in the last 5 years. His current research interests center on the dynamics of industry transitions with a focus on the patterns and forces shaping the evolution of complex industries. What is strategy Must define many plausible and immediate actions What an organization does + does not do Heart of strategy = Advantage 3. Car GSBS est spécial. Good Strategy, Bad Strategy. This is a wonderful strategy book, enticing and gripping, that tells us like it is on the world of bad strategy, unmasking the fluff of pseudo-strategy and flawed thought. 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. Well, yes, he also worked as an engineer on the US Voyager mission to Jupiter. 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. 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"). Read Books Good Strategy Bad Strategy: The Difference and Why It Matters E-Book Free. Good Strategy Bad Strategy Book Summary - Strategy 101 - Duration: 11:41. Richard Rumelt is a professor at UCLA's Anderson School of Business. 2000 Books 5,055 views. Again - meh. 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. 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. By Richard Rumelt. Welcome back. © 1996-2020, Amazon.com, Inc. ou ses filiales. The book is written in an accessible style and peppered with useful examples of both good and bad strategy (as the title would suggest!). 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). The end has less to do with the rest of the book and was a bit disappointing. Refresh and try again. 11:41. Good Strategy, Bad Strategy teaches readers how they can build secure strategies that will help them get a little closer to achieving their goals. Written in an informal tone, the reader can immediately connect with the author. Un problème s'est produit lors du chargement de ce menu pour le moment. His sharp analysis and his brilliant, bold style make his book stand out from its competitors (something that Rumelt himself says is crucial). You can, at least in an editorial sense, when you read Richard Rumelt’s work on business strategy. Good Strategy Bad Strategy flips strategy on its head, cuts out the fluff and digs beneath the success of companies across the ages and teaches us to replicate it by following the kernel (basic skeleton) of strategy. Fairly standard corporate strategy fare. In this Good Strategy Bad Strategy summary, we’ll briefly outline some of these powerful ideas. 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. 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. And, if you cannot assess that, you cannot reject a bad strategy or improve a good one. 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. This is a brief summary of some of what you will find here that is new and different: Good strategy … Developing and implementing a strategy is the central task of a leader. An illustration of an audio speaker. (58). Rumelt has helped me know some danger signals to watch for. Good Strategy Bad Strategy: The Difference and Why It Matters by Richard Rumelt. In short, Bob showed me three ‘strategic pillars’ for the business. Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant. Chad Logan, a random prospective small business client of Rumelt's, must be icing down from the sick burns. 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. 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. (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. 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. A good primer for strategy. Good Strategy/Bad Strategy uses fascinating examples from business, nonprofit, and military affairs to bring its original and pragmatic ideas to life. A good strategy is a specific and coherent response to—and approach for—overcoming the obstacles to progress. Good Strategy, Bad Strategy pinpoints the polar difference: The diagnosis and actions that constitute good strategy, the fluff and failures that cause the bad. 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.. His 2011 book (Good Strategy/Bad Strategy) redefined strategy as a form of problem solving. Good Strategy/Bad Strategy: The Difference and Why It Matters. Sélectionnez la section dans laquelle vous souhaitez faire votre recherche. This without really having any notion of scope or intrinsic competitive advantage, based on unique resources and capabilities, about how to achieve the goals. Une erreur est survenue. Well put together, though, and pithy. 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. It presents views on a range of issues that are fundamental yet which have not been given much daylight. 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. The book: Good Strategy/Bad Strategy: The Difference and Why It Matters, by Richard P. Rumelt; Crown Business. A good primer for strategy. Chlodomer Faris33 . About half the book dis. Why I Love This Book Not fruitful at all. For fully internalizing the main takeaways, I probably will have to read the book twice. “The kernel of a strategy contains three elements: a diagnosis, a guiding policy, and coherent action.”, “It is hard to show your skill as a sailor when there is no wind.”, Financial Times and McKinsey Business Book of the Year Nominee for Shortlist (2011), 10 books every web professional should read, Mariah Carey Is Telling Her Own Story (and Recommending Books). By Richard Rumelt. Some good principles and practices but depends what you want from this book, Commenté au Royaume-Uni le 1 octobre 2017. I was struck by how relevant Richard’s work is to organizations struggling to adopt systems thinking. It was chosen one of six finalists for the Financial Times & Goldman Sachs Business Book of the Year award for 2011. 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). 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. 2000 Books 5,055 views. An illustration of text ellipses. De nombreux exemples, se lit avec plaisir, des réfèrences saisissantes... Les concepts clés qui régissent une bonne stratégie. 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. 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. Vos articles vus récemment et vos recommandations en vedette. An illustration of a 3.5" floppy disk. Livraison rapide et en très bonne état. I somehow ended buying this book in four separate formats – Kindle, Audible, Apple Books and hardcover. This review first appeared on "Defense Innovator" (. Strategy is not just about goals or getting things done but it should be very much concerned with establishing or strengthening a competitive advantage. Après avoir consulté un produit, regardez ici pour revenir simplement sur les pages qui vous intéressent. The premise is that there is very little good strategy, a great deal of bad strategy, and it's possible to distinguish the two. Rumelt is married to Kate Rumelt; the couple enjoy hiking and skiing. 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 … Good Strategy/Bad Strategy has much to offer and has every chance of becoming a business classic." 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. 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. This is a beautiful book with clear writing and brilliant examples. One of the things I appreciated about the book was the litany of examples of good and bad strategy throughout, it real. The premise of the book is that a business is a coopeerative human activity and all businesses are inherently different. Excellent ouvrage de stratégie avec des exemples concrets tant à suivre qu'à éviter. 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. Let us know what’s wrong with this preview of, Published Developing and implementing a strategy is the central task of a leader. 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 author cuts the fat while explaining the strategy making process, making it more accessible to the average reader using a plethora of case studies. Commenté au Royaume-Uni le 6 juillet 2019. You can consider it a necessary reading for executives and managers on the topic of strategy. There are no discussion topics on this book yet. In many companies "strategy" is just a vaguely motivational, vacuous pie in the sky wishing amassed with political correctness statements. 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. A good strategy is a specific and coherent response to—and approach for—overcoming the obstacles to progress. Who’s it … 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. Charlie Munger is one of the world's greatest investors. by Crown Business, Good Strategy Bad Strategy: The Difference and Why It Matters. Summary: Good Strategy Bad Strategy: Review and Analysis of Rumelt's Book. 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. This is a wonderful strategy book, enticing and gripping, that tells us like it is on the world of bad strategy, unmasking the fluff of pseudo-strategy and flawed thought. Good Strategy/Bad Strategy uses fascinating examples from business, nonprofit, and military affairs to bring its original and pragmatic ideas to life. 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. The barbs he slings at 'bad' strategists are hilarious. Strategy is not just about goals or getting things done but it should be very much concerned with establishing or strengthening a competitive advantage. Also strategy is not just goals or guiding policies, strategy is about action, about doing something. Merci d’essayer à nouveau. Good Strategy Bad Strategy is a clever explanation of powerful action-oriented strategies for the real world. Click Here to Get the PDF Summary of This Book & Many More. This book changed the way I think about how I want to get things done both in my work and in my personal life. In this book, Richard Rumelt specifically answers those questions. Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant, Expanded Ed. A book like this can only be written with many years of research … 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. 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. Veuillez renouveler votre requête plus tard. 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. New Book Good Strategy Bad Strategy: The Difference and Why It Matters. Strategy Made as enticing as a Novel: Unmasking Pseudo-Strategy and Explaining How to Devise a Good Strategy! This is one of those books; a book that will force you to change the way you approach business strategy. Impossible d'ajouter l'article à votre liste. 11:41. 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. This book seems a lot longer than necessary. Good Strategy / Bad Strat... In addition, the Good Strategy Bad Strategy Book Summary - Strategy 101 - Duration: 11:41. 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. Nokia and Kodak). It does not pop out of some “strategic management” tool, matrix, chart, triangle, or fill-in-the-blanks scheme. Strategy is diagnosis, vision, and a plan. Even though everyone is talking about it, there is no concept in business today more muddled than 'strategy'. An exceptional book. International Harvester learned about this element of bad strategy the hard way. A recommander pour toutes les personnes qui s'intéressent de près ou de loin à ce domaine. Not surprisingly it’s a top 10 best seller on Amazon in Strategy and Competition and is widely recommended as … 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. Not as schticky as a lot of corporate/consulting books, this book is clearly written and gets strong points across. A Look At The Portfolio Of Billionaire Charlie Munger. 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. La commande 1-Click n'est pas disponible pour cet article. The book demonstrates strategies from large corporations and his personal anecdotes.

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