A good strategy requires making tough choices from "summary" of Good Strategy Bad Strategy by Richard Rumelt
Good strategy is not about simply making a list of goals or aspirations. It involves making tough choices about what actions to take and what not to take. This requires discipline and focus. When crafting a strategy, it is essential to prioritize and decide where to concentrate resources and efforts. This may mean saying no to certain opportunities or activities that do not align with the overall strategic direction. By making tough choices, a good strategy becomes more than just a wish list. It becomes a roadmap for success, guiding decision-making and actions towards a specific goal. Without tough choices, a strategy can easily become diluted and ineffective. It is like trying to go in mu...
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