A strategy should address obstacles and limitations from "summary" of Good Strategy Bad Strategy by Richard Rumelt
A good strategy is a way of dealing with a high-stakes challenge. It is a way to address a significant problem or opportunity in a way that will lead to a better outcome. To develop a good strategy, one must first identify the key obstacles and limitations that stand in the way of achieving the desired goal. These obstacles and limitations may take many forms. They may be external, such as competition, regulation, or market conditions. They may also be internal, such as lack of resources, skills, or coordination. Addressing obstacles and limitations requires a clear understanding of the problem at hand. This means being honest about the challenges that need to be overcome and being realistic about the resources available to address them. It also means being willing to make tough choices about what can and cannot be done. A good strategy does not try to do everything. Instead, it focuses on the most c...Similar Posts
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