Bad strategy ignores external threats and opportunities from "summary" of Good Strategy Bad Strategy by Richard Rumelt
Bad strategy ignores external threats and opportunities, failing to acknowledge the importance of the external environment in shaping the success or failure of a strategy. This can be a critical mistake, as the external landscape is constantly evolving and can have a significant impact on the organization's ability to achieve its goals. A good strategy, on the other hand, takes into account the external threats and opportunities facing the organization, incorporating them into its planning and decision-making processes. By being aware of these factors, a good strategy is better equipped to anticipate challenges, seize opportunities, and adapt to changes in the external environment. Ignoring external threats can leave an organization vulne...
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