Richard Rumelt
HBR Guide to Executing Your Strategy Various Contributors Harvard Business Review Press (January 2019) How to communicate the plan, maintain momentum, and achieve your vision I agree with Thomas Edison who once observed, “Vision without execution is hallucination.” Even the…
Read MoreSentient Strategy: How to Create Market-Dominating Strategies in Turbulent Economies Alan Weiss Routledge/An imprint of Taylor & Francis Group (March 2023) “The early bird may get the worm but the second mouse gets the cheese.” Steven Wright In the Introduction,…
Read MoreThe Emergent Approach to Strategy Peter Compo Business Expert Press (July 2022) “The essence of strategy is choosing what NOT to do.” Michael Porter As Peter Compo explains in this book, “Strategy testing is a time-honored practice. Well-known tests include…
Read MoreGood Strategy/Bad Strategy: The Difference and Why It Matters Richard Rumelt Crown Business (2011) How and why a good strategy “acknowledges the challenges being faced and provides an approach to overcome them As the title of this review correctly indicates,…
Read MoreA key value driver (KVD) is any variable that drives value for shareholders. But few firms can identify their KVDs and thus use them for forecasting and improvement. Identifying your KVDs requires a deep understanding of your business and much…
Read MoreHere is an excerpt from another outstanding article, written by Richard Rumelt and featured by The McKinsey Quarterly online. To read the complete article, please click here. * * * Bad strategy abounds, says UCLA management professor Richard Rumelt. Senior…
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Strategic Thinking: Key Points
Here is some essential information provided by the MasterClass staff. To check out other valuable resources, please click here. * * * What Is Strategic Thinking? Strategic thinkers excel at problem-solving, decision-making, and developing realistic action plans to achieve specific…
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