Episode

Good Strategy, Bad Strategy | Richard Rumelt

Richard Rumelt, author of 'Good Strategy Bad Strategy' and 'The Crux', discusses how effective strategy is fundamentally about problem-solving rather than goal-setting. He explains his three-part framework: diagnosis of the challenge, guiding policy for addressing it, and coherent actions for implementation. Rumelt emphasizes the importance of focus, identifying sources of power/advantage, and overcoming organizational dynamics that prevent strategic clarity.