“Good Strategy Bad Strategy: The Difference and Why It Matters” by Richard Rumelt – 25 main ideas with concrete examples

“Good Strategy Bad Strategy: The Difference and Why It Matters” by Richard Rumelt explores the fundamental principles of effective strategic thinking and execution. Here are 25 main ideas extracted from the book along with examples: 1. Clarity of Diagnosis: Good strategy starts with a clear understanding of the challenges and opportunities facing an organization. Example …

Differences between a Strategy, Plan, and Tactic

“Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat” – written 2,500 years ago by the Chinese military strategist, Sun Tzu, in the “The Art of War.” In the realm of business, project management, or personal brand development, understanding the distinctions between strategy, plan, and tactic is …