Good strategy is based on a deep understanding of the problem from "summary" of Good Strategy Bad Strategy by Richard Rumelt
A good strategy is not simply a list of goals or a set of actions. It is rooted in a thorough comprehension of the problem at hand. Without this foundational understanding, any strategy is bound to be weak and ineffective. To develop a strong strategy, one must delve deep into the complexities of the situation, uncovering the root causes and underlying dynamics that shape the challenge. By gaining insight into the nuances of the problem, a strategist can identify key leverage points and opportunities for intervention. This deep understanding allows for the formulation of targeted and impactful strategies that address the core issues at play. Without this level of insight, strategies are likely to be superficial and fail to produce meaningful results. Furthermore, a thorough understanding of the problem enables a strategist to anticipate potential obstacles and risks that may arise. By being aware of these challenges in advance, one can develop contingency plans and mitigation strategies to navigate through adversity. This proactive approach is essential for effective strategy execution and achieving desired outcomes.- Good strategy is built upon a foundation of deep problem understanding. This foundational knowledge informs every aspect of the strategic planning process, from goal setting to action implementation. Without this critical element, strategies are likely to be misguided and ineffective. Therefore, a strategist must invest time and effort in gaining a comprehensive understanding of the problem before formulating a strategy.
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