• Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • News
  • Technology
  • Gadget
  • Design
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • News
  • Technology
  • Gadget
  • Design
No Result
View All Result
Tutorial
No Result
View All Result

Good Strategy, Bad Strategy

December 10, 2020
in Uncategorized
0 0
0
Good Strategy, Bad Strategy
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter

This is a review of the book Good Strategy, Bad Strategy.

The first 20% of the book is still okay. But I could not read beyond that, as it is long winded, and used too many examples from US Military strategies.

Nonetheless, here’s what I learnt:

The Problem

Definition of Strategy – We don’t really understand it.

Confused, and “strategy” became a verbal tic. eg. IT Strategy, Low-price Strategy, …

A word that can mean anything has lost its bite.

We need a redefintion. A real understanding of Strategy.

Core of strategy work

= Discover critical factor in a situation + Design a way of coordinating and focusing actions
= Recognise Challenges + Approach to overcome them

A leader’s most important responsibility is working on strategy.

Mastering the shift from others defining your goals, to being the architect of the organisation purposes and objectives.

A good strategy

  • Selects the path, identifying the how, why and where leadership and determination are to be applied
  • Say “NO” to wide variety of actions and interests
  • It’s as much as what an organisation does not do, as what it does

Why so much bad strategy?

Strategy involves focus, and choice; Most people have unwillness or inability to choose

Kernel

A logical structure:

1) Diagnosis – Simplify and identify the critical

2) Guiding policy – Overall approach

3) Coherent actions – Steps that work together

Example (Apple by Steve Jobs in 1998):

Challenge: Product lineup was too complicated. Too many price points and too much markup.

Action: Cut all except 1 laptop, Cut distributors, Cut development

When PC is dominated by Microsoft, Apple Strategy is “to wait for the next big thing”

Apple eventually released the iPhone

What I didn’t read..

After finished Part I, I merely browsed Part II and III..

Part II – Sources of Power – I don’t read. Not necessary. Using leverage, advantage, dynamics, focus, growth, etc..

Part III – Not sure what’s the conclusion

Previous Post

Simple GET/POST AFNetworking

Next Post

Error: Application Executable Missing Required Architecture

Next Post
Error: Application Executable Missing Required Architecture

Error: Application Executable Missing Required Architecture

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Home
  • News
  • Technology
  • Gadget
  • Design

© 2020 AwlNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • News
  • Technology
  • Gadget
  • Design

© 2020 AwlNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In