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Management decision making
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Good Strategy, Bad Strategy : Currency : 9780307886231 : 0307886239 : 19 Jul 2011 : 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. Developing and implementing a strategy is the central task of a leader. A good strategy is a specific and coherent response to?and approach for?overcoming the obstacles to progress. A good strategy works by harnessing and applying power where it will have the greatest effect. Yet, Rumelt shows that there has been a growing and unfortunate tendency to equate Mom-and-apple-pie values, fluffy packages of buzzwords, motivational slogans, and financial goals with ?strategy.? In Good Strategy/Bad Strategy, he debunks these elements of ?bad strategy? and awakens an understanding of the power of a ?good strategy.? He introduces nine sources of power?ranging from using leverage to effectively focusing on growth?th
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