Good strategy requires continuous reassessment and adjustment from "summary" of Good Strategy Bad Strategy by Richard Rumelt
Effective strategy is not a one-time event that can be devised and then set aside. It is an ongoing process that requires constant evaluation and adjustment. This is because the competitive environment is constantly changing, and what may have worked in the past may not necessarily work in the future. Continuous reassessment allows a company to stay ahead of the curve and adapt to new challenges and opportunities as they arise. By regularly reviewing and analyzing the effectiveness of their strategy, organizations can identify areas that need improvement and make the necessary adjustments to ensure long-term success.
One of the key reasons why continuous reassess...
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