Categories: Book RapperPodcast

Simple Strategy Guide

Simple Strategy sounds obvious. But, most strategy is not strategic. That’s the view of world strategy expert Richard Rumelt in his bestselling book Good Strategy, Bad Strategy. At best most strategic is merely a good plan – whilst this might be useful it might also undermine your chances of success if you believe is strategic.

In this episode of the Ideas Architect Podcast, we share the Book Rapper version of Rumelt’s book. We look at the difference between good and bad strategies. Plus, you can use these ideas to define your unique business advantage and how you can profit from it.

Simple Strategy Book Summary

The Book 

Richard Rumelt; Good Strategy, Bad Strategy

The Big Idea

Strategy is about making the most of your resources in dealing with your current situation. Yet, most strategy is not strategic. It’s a good plan at best. And, ultimately, this undermines your organisation’s chance of success. 

SpeedRAP 

A bad strategy is a loose plan based on fluffy buzzwords, financial goals and lots of hope, all intended to hide a lack of clear thinking. Good strategy diagnoses the challenge you face, defines guiding principles to steer you forward and provides a coordinated set of actions to implement. 

Your Challenge 

Ready to make the most of what you’ve got? It’s time to sit down and think, ask some hard questions and face the truth. Use this RAP to define your unique business advantage and how you’re going to profit from it. 

Who is this book for?

This book is for leaders – of any sized organisation – willing to confront the hard work needed to create good strategy and produce great results. It’s not for those wanting a quick fix or a dodgy plan.

Show Links

  • [easyazon-link asin=”0307886239″ locale=”us”]Buy Good Strategy Bad Strategy on Amazon[/easyazon-link]
  • Book Rapper – if you want the written and video version of this book

Listen, Download, Share

Geoff McDonald

Share
Published by
Geoff McDonald

Recent Posts

The Danger of Thinking “I’ve seen this before” – Michael Henderson

What happens when a familiar pattern makes us too certain about what we're seeing? In…

1 week ago

What AFL Football taught me about Experience

When I was studying in the US, after my friends went to bed on Friday…

1 week ago

What Alone Australia taught me about Experience

Ten people arrive in Arctic Finland. Before the first episode even begins, I started trying…

2 weeks ago

When Your Way of Working Stops Working with Dr Patterson Stark

What happens when the way you’ve learned to succeed is no longer a way you’re…

2 weeks ago

What Travel Taught Me About Experience

Several decades ago I was on a bus trip winding through the Black Hills of…

3 weeks ago

Why Adults Become Sixth Graders with Linda Gidlund

Put a group of successful, educated adults into a training room and something strange can…

3 weeks ago