A strategy should align resources with objectives from "summary" of Good Strategy Bad Strategy by Richard Rumelt
A strategy is not just a plan or a mission statement; it is a way to align resources with objectives. This alignment is crucial because resources are limited, and if they are not properly allocated to achieve defined objectives, a strategy is likely to fail. The key to a successful strategy is to ensure that the resources available are in line with the objectives that have been set. In order to align resources with objectives, a strategy must clearly define what the organization is trying to achieve. This means setting clear, specific goals that are aligned with the overall vision of the organization. Once these objectives hav...Similar Posts
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