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Simple Strategy
The document outlines strategies for leveraging unique business advantages to achieve profitability, emphasizing the importance of distinguishing good from bad strategy. It provides guidelines based on Richard Rumelt's framework for diagnosing strategic issues, formulating guiding principles, and coordinating actions effectively. Key concepts include recognizing organizational weaknesses, focusing resources efficiently, and testing strategies in practical scenarios.
Simple Strategy
- 1. Simple Strategy How to Profit From Your Unique Business Advantage
- 2. Geoff McDonald @BookRapperBookRapper.com
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- 6. Strategy is notalways Strategic The BIG Idea
- 7. Bad Good Fluffy Diagnosis Goals Guidance Hopeful Action The Speed RAP
- 8. What’s your advantage? YourChallenge : How are you going to profit from it?
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- 11. Skips the Details Fluffy Buzzwords Focus on Results Bad Avoids obstacles No Decisions Covers Real Issue Aims to Please How to Recognize Bad Strategy
- 12. Identifies problem Identifies how to win Inherent logic Good Allocates resources Coordinates action Why, what, how Identifies leverage How to Recognize Good Strategy
- 13. Avoidance Templates Hopeful Three Reasons for Bad Strategy
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- 15. Bad Fluff Objectives Goals Avoidance Four Hallmarks of Bad Strategy to Avoid
- 16. Strategy For YourStrategy GeoffMcDonald.com/blog
- 17. The Point ofStrategy How do you get from here to there?
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- 22. Guiding Principles What’s ourgeneral approach?
- 23. Coordinated Action What arewe going to do about it?
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- 25. Tipping the Odds Strengthsare relative to opportunities
- 26. Using Leverage Making smallchanges to produce big gains
- 27. Proximate Objectives If youcould only have one feasible objective...
- 28. Chain Link Systems What’sthe weakest link in your organisation?
- 29. Using Design It’s theoverall organisation that matters
- 30. Focus Focus to createmore power applied to the right target
- 31. Growth Growth is theresult of good strategy well executed
- 32. Deepen Broaden Increase Isolate Using Advantage Four ways to increase your advantage
- 33. Using Dynamics Which wavesare you riding?
- 34. Inertia and Entropy Anorganisations greatest threat may be internal
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- 36. Science of Strategy Testyour Strategic Theory in the real world
- 37. Use Your Head Theone common obstacle is your bias
- 38. Belief Doubt Keep Your Head Strong enough to believe, doubtful enough to question
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- 41. Strategic Questions Questions toprovoke a strategic response
- 42. What’s your advantage? And,what are you going to do about it?
- 43. A Presentation Recording available for members at : BookRapper.com