Even though everyone is talking about it, there is no concept in
business today more muddled than 'strategy'. Richard Rumelt, described
by McKinsey Quarterly as 'a giant in the field of strategy' and
'strategy's strategist', tackles this problem head-on in a jargon-free
explanation of how to develop and take action on strategy, in business,
politics and beyond.
Rumelt dispels popular misconceptions about
strategy - such as confusing it with ambitions, visions or financial
goals - by very practically showing that a good strategy focuses on the
challenges a business faces, and providing an insightful new approach
for overcoming them. His sharp analysis and his brilliant, bold style
make his book stand out from its competitors (something that Rumelt
himself says is crucial).
Rumelt has always challenged dominant
thinking, ever since, in 1972, he was the first person to uncover a
statistical link between corporate strategy and profitability - and this
is his long-awaited tour de force.