oter

Bad strategy remains static and fails to adapt from "summary" of Good Strategy Bad Strategy by Richard Rumelt

A bad strategy is like a stubborn mule, refusing to budge from its chosen path even as the landscape shifts and obstacles mount. It remains static, unchanging, and rigid in the face of new challenges and opportunities. This inflexibility ultimately leads to failure, as the world is dynamic and constantly evolving. A good strategy, on the other hand, is adaptable and responsive. It recognizes when circumstances change and is willing to adjust course accordingly. It is not afraid to pivot or modify its approach in order to stay relevant and effective. By remaining open to new information and feedback, a good strategy can continue to evolve and improve over time. In tod...
    Read More
    Continue reading the Microbook on the Oter App. You can also listen to the highlights by choosing micro or macro audio option on the app. Download now to keep learning!
    Similar Posts
    Thinking strategically involves seeing patterns
    Thinking strategically involves seeing patterns
    Thinking strategically involves seeing patterns. Patterns are recurring sequences or themes that provide insights into how thin...
    Financial literacy is key to wealth
    Financial literacy is key to wealth
    Understanding how money works is crucial to achieving wealth. This knowledge is what sets the rich apart from the poor and the ...
    Foster a culture of inclusivity and diversity in your innovation process
    Foster a culture of inclusivity and diversity in your innovation process
    To truly innovate in today's rapidly changing world, it is essential to foster a culture of inclusivity and diversity within yo...
    Stay focused on goals
    Stay focused on goals
    The effective executive knows that without clear goals, there can be no effective action. Therefore, he constantly focuses on d...
    Bad strategy ignores external threats and opportunities
    Bad strategy ignores external threats and opportunities
    Bad strategy ignores external threats and opportunities, failing to acknowledge the importance of the external environment in s...
    Strategy guides a company's longterm direction
    Strategy guides a company's longterm direction
    A company's long-term direction is like a compass guiding its journey through the ever-changing landscape of the business world...
    Strategic thinking should consider both shortterm and long-term goals
    Strategic thinking should consider both shortterm and long-term goals
    Strategic thinking is crucial for the success of any organization. It involves making decisions that will guide the company tow...
    Strategic empathy helps in understanding the needs and desires of customers
    Strategic empathy helps in understanding the needs and desires of customers
    Strategic empathy involves putting oneself in the shoes of customers to truly understand their needs and desires. It goes beyon...
    The solution is to create a franchise prototype for your business
    The solution is to create a franchise prototype for your business
    In order to truly scale and grow your business, you must shift your mindset from being a technician to being an entrepreneur. T...
    Build trust through credibility and reliability
    Build trust through credibility and reliability
    Trust is the foundation of any successful business relationship. Without trust, it is challenging to establish a lasting connec...
    oter

    Good Strategy Bad Strategy

    Richard Rumelt

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.