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18 of 19 people found the following review helpful
5.0 out of 5 stars How to create "a unique and valuable position" by deciding what to do...and not do,
This volume is one of several in a new series of anthologies of articles that initially appeared in the Harvard Business Review, in this instance from 1960 until 2006. Remarkably, none seems dated; on the contrary, if anything, all seem more relevant now than ever before as their authors discuss what are (literally) essential dimensions of formulating and then executing an effective strategy.
My own opinion is that strategies are "hammers" that drive tactics ("nails) and the key is to get a strategy in proper alignment with the ultimate objectives as well as with an organization's various activities. That said, what we have in this volume is a variety of thoughtful perspectives on strategy provide by those who are among the world's most highly-regarded authorities on the subject.
More specifically, the reader learns how to understand what strategy is and isn't as well as what it does and (doesn't) do, and, how to manage/leverage the five competitive forces that shape strategy (Michael E. Porter); also, how to build a company's vision (James C. Collins and Jerry I. Porras), how to reinvent a business model (Mark W. Johnson, Clayton M. Christensen, and Henning Kagermann), how to formulate and then execute a "blue ocean strategy" (W. Chan Kim and Renée Mauborgne), how to take full advantage of the "secrets" of effective strategy execution (Gary L. Neilson, Karla L. Martin, and Elizabeth Powers), how to use the Balanced Scorecard as a strategic management system (Robert S. Kaplan and David P. Norton), how to transform corner-office strategy into frontline action (Orit Gadiesh and James L. Gilbert), how to turn great strategy into great performance (Michael C. Mankins and Richard Steele), and gain a much better understanding of how clear decision roles enhance organizational performance (Paul Rogers and Marcia Blenko).
Each article includes two invaluable reader-friendly devices, "Idea in Brief" and "Idea in Practice" sections, that facilitate, indeed expedite review of key points. Some articles also include what I characterize as "business nuggets" in which their authors focus on even more specific subjects such as "Finding New Positions: The Entrepreneurial Edge" (Porter, Page 10), "Big Hairy, Audacious Goals Aid Long-Term Vision" (Collins and Porras, 96), "A snapshot of blue ocean creation" (Kim and Mauborgne, 130-132), "Translation vision and strategy: four perspectives" and "Managing strategy: four processes" (Kaplan and Norton, 172 & 173), and "A Decision-Making Primer" (Rogers and Blenko, 236-237).
These ten articles do not - because they obviously cannot - explain everything that one knows to know and understand about the formulation and execution of an effective strategy. However, I do not know of another single source at this price (currently $14.23 from Amazon) that provides more and better information, insights, and advice that will help leaders to achieve success in the business dimensions explained so well by the authors of the articles in this volume.
1 of 1 people found the following review helpful
5.0 out of 5 stars About On Strategy,
This review is from: HBR's 10 Must Reads on Strategy (including featured article “What Is Strategy?” by Michael E. Porter) (Kindle Edition)
I needed to learn about this topic and this book was very helpful. Written in a clear manner, it gave me the understanding I needed to complete an important project.
5.0 out of 5 stars The book was in excellent conditions and it's perfect for my work at the University.,
The book is about Marketing and it has all the knowlledge you need to pick up your business.
If you are studying Marketing or if you want to business to stand out from others, you might want to take a look at this book.
4.0 out of 5 stars Good range of thinking, albeit all in the traditional stable,
A good range of stuff from some of the key thinkers, in fairly brief form.
It does however stay mainly in the more traditional territory of planned, rational strategising models. You may want to go elsewhere if you want some stronger challenge and critique of this worldview, but it's all good stuff..
5.0 out of 5 stars Great collection of articles on strategy,
I've read some of these articles before, and I heard about some of them. overall, I believe the collection is indeed very important for anyone into strategy.
0 of 1 people found the following review helpful
5.0 out of 5 stars Killer strategies - 001Marketing,
HBR's fantastic take on strategy - I particularly enjoyed Kaplan - balanced scorecard section. Having purchased other books on strategy, this has to be one of my favourites. However, in the real world, you need a software system, coupled with a well though out strategy.
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HBR's 10 Must Reads on Strategy (including featured article What Is Strategy? by Michael E. Porter) by Harvard Business Review