Lenny’s Podcast100 min
Good Strategy, Bad Strategy
Richard Rumelt · Jan 21, 2024
Key learnings
- Treat strategy as a response to one or two real challenges, not a list of ambitions, priorities, or aspirations; Rumelt suggests…
- A solid strategy has three parts: a diagnosis of the situation, a guiding policy for dealing with it, and coherent actions that…
- Test your strategy for bad signs: goals dressed up as strategy, fluffy jargon, missing diagnosis, and actions that contradict one…