Simple Strategy
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The document outlines strategies for leveraging unique business advantages to achieve profitability, emphasizing the importance of distinguishing good from bad strategy. It provides guidelines based on Richard Rumelt's framework for diagnosing strategic issues, formulating guiding principles, and coordinating actions effectively. Key concepts include recognizing organizational weaknesses, focusing resources efficiently, and testing strategies in practical scenarios.
Simple Strategy
- 1. Simple Strategy How to Profit From Your Unique Business Advantage
- 2. Geoff McDonald @BookRapper BookRapper.com
- 6. Strategy is not always Strategic The BIG Idea
- 7. Bad Good Fluffy Diagnosis Goals Guidance Hopeful Action The Speed RAP
- 8. What’s your advantage? Your Challenge : How are you going to profit from it?
- 11. Skips the Details Fluffy Buzzwords Focus on Results Bad Avoids obstacles No Decisions Covers Real Issue Aims to Please How to Recognize Bad Strategy
- 12. Identifies problem Identifies how to win Inherent logic Good Allocates resources Coordinates action Why, what, how Identifies leverage How to Recognize Good Strategy
- 13. Avoidance Templates Hopeful Three Reasons for Bad Strategy
- 15. Bad Fluff Objectives Goals Avoidance Four Hallmarks of Bad Strategy to Avoid
- 16. Strategy For Your Strategy GeoffMcDonald.com/blog
- 17. The Point of Strategy How do you get from here to there?
- 22. Guiding Principles What’s our general approach?
- 23. Coordinated Action What are we going to do about it?
- 25. Tipping the Odds Strengths are relative to opportunities
- 26. Using Leverage Making small changes to produce big gains
- 27. Proximate Objectives If you could only have one feasible objective...
- 28. Chain Link Systems What’s the weakest link in your organisation?
- 29. Using Design It’s the overall organisation that matters
- 30. Focus Focus to create more power applied to the right target
- 31. Growth Growth is the result of good strategy well executed
- 32. Deepen Broaden Increase Isolate Using Advantage Four ways to increase your advantage
- 33. Using Dynamics Which waves are you riding?
- 34. Inertia and Entropy An organisations greatest threat may be internal
- 36. Science of Strategy Test your Strategic Theory in the real world
- 37. Use Your Head The one common obstacle is your bias
- 38. Belief Doubt Keep Your Head Strong enough to believe, doubtful enough to question
- 41. Strategic Questions Questions to provoke a strategic response
- 42. What’s your advantage? And, what are you going to do about it?
- 43. A Presentation Recording available for members at : BookRapper.com