Build a robust system for strategic choices from "summary" of Playing to Win by A.G. Lafley,Roger L. Martin
To win in the game of business, it is essential to have a robust system in place for making strategic choices. This system must be designed to withstand the complexities and uncertainties of the competitive landscape. It should not be a one-time decision-making process, but rather an ongoing framework that allows for adaptation and evolution as circumstances change. The first step in building a robust system for strategic choices is to define the playing field. This involves understanding the industry dynamics, market trends, and competitive forces that will impact the organization's success. By clearly defining the context in which decisions will be made, leaders can ensure that their choices are aligned with the overall strategic direction of the business. Once the playing field has been established, it is important to identify the key choices that will drive success. These choices should be few in number but critical in impact, focusing on the core activities that will differentiate the organization from its competitors. By prioritizing these choices, leaders can ensure that resources are allocated effectively and that the organization remains focused on its most important...Similar Posts
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