≈ Rumelt - Good Strategy Bad Strategy

Summary

Rumelt argues that having a strategy is itself a competitive advantage, in that few organizations actually have strategies. Strategy depends on a three-part kernel consisting of a diagnosis, a guiding policy, and of coordinated action.

Notes

The nature of strategy

The kernel of strategy

Inertia and entropy in organizations

Citation

Rumelt, Richard. Good Strategy Bad Strategy: The Difference and Why It Matters. Illustrated edition. New York: Currency, 2011.


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