Literature Study GuidesGood StrategyBad Strategy The Difference And Why It Matters

Good Strategy/Bad Strategy: The Difference and Why It Matters | Study Guide

Richard Rumelt

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Course Hero. "Good Strategy/Bad Strategy: The Difference and Why It Matters Study Guide." Course Hero. 30 Aug. 2019. Web. 22 Nov. 2019. <https://www.coursehero.com/lit/Good-StrategyBad-Strategy-The-difference-and-why-it-matters/>.

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Course Hero. (2019, August 30). Good Strategy/Bad Strategy: The Difference and Why It Matters Study Guide. In Course Hero. Retrieved November 22, 2019, from https://www.coursehero.com/lit/Good-StrategyBad-Strategy-The-difference-and-why-it-matters/

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Course Hero. "Good Strategy/Bad Strategy: The Difference and Why It Matters Study Guide." August 30, 2019. Accessed November 22, 2019. https://www.coursehero.com/lit/Good-StrategyBad-Strategy-The-difference-and-why-it-matters/.

Footnote

Course Hero, "Good Strategy/Bad Strategy: The Difference and Why It Matters Study Guide," August 30, 2019, accessed November 22, 2019, https://www.coursehero.com/lit/Good-StrategyBad-Strategy-The-difference-and-why-it-matters/.

Overview

Author

Richard Rumelt

Year Published

2011

Type

Nonfiction

Genre

Argument, Nonfiction

At a Glance

Good Strategy/Bad Strategy: The Difference and Why It Matters is a practical guide for organizational leaders in both public and private sectors who want to move their enterprise forward. Richard Rumelt argues that success results from good strategy. However, much of what passes for strategy is, according to Rumelt, merely ambition or wishful thinking. Rumelt draws a clear distinction between good strategy and bad strategy, showing the differences in both approach and outcomes. The author does not sugarcoat the process of strategy development. Good strategy requires an investment of time, hard work, and resources. As the author shows from a variety of examples, the results pay off.

The book made an impact because it clearly delineated the limits of motivational mantras and positive thinking as strategies. With forthrightness, Rumelt provides practical insights for creating manageable objectives and achieving worthwhile goals.

About the Title

The title reflects the clear contrast Rumelt draws between true strategy and the many counterfeits that masquerade as strategy in the business world. Rumelt argues that sound strategy matters because organizational success depends on it.

Summary

This study guide for Richard Rumelt's Good Strategy/Bad Strategy: The Difference and Why It Matters offers summary and analysis on themes, symbols, and other literary devices found in the text. Explore Course Hero's library of literature materials, including documents and Q&A pairs.

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