How to Develop Strategy for Execution
Effective strategic guidelines get three things right. They link to the corporate vision, identify critical vulnerabilities, and focus on what matters most.
Strategy is not about choice, itâs about choices. Few companies succeed based on a single big bet. They win through a series of trade-offs â about target customers, product, scope, and resources â that reinforce one another to create value. Attempting to describe every important choice in detail, however, leads to information overload. Any strategy that tries to address every decision that matters will be far too complex to communicate, remember, or use as a guide for ...
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