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Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world. Developing and implementing a strategy is the central task of a leader. A good strategy is a specific and coherent response to-and approach for-overcoming the obstacles to progress. A good strategy works by harnessing and applying power where it will have the greatest effect. Yet, Rumelt shows that there has been a growing and unfortunate tendency to equate Mom-and-apple-pie values, fluffy packages of buzzwords, motivational slogans, and financial goals with strategy. In Good Strategy/Bad Strategy, he debunks these elements of bad strategy and awakens an understanding of the power of a good strategy. He introduces nine sources of power-ranging from using leverage to effectively focusing on growth-that are eye-opening yet pragmatic tools that can easily be put to work on Monday morning,...

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