Strategy according to Richard Rumelt

Richard Rumelt is the author of Good Strategy/Bad Strategy: The Difference and Why It Matters.

Strategy as defined by Richard Rumelt

“A good strategy is a coherent mix of policy and action designed to surmount a high-stakes challenge.” Richard Rumelt

“Good strategy has a simple logical structure I call the Kernel. These three elements are (1) a clear-eyed diagnosis of the challenge being faced, (2) an overall guiding policy explaining how the challenge will be met, and (3) a set of coherent actions designed to focus energy and resources.”

KTA: A good strategy is built on the foundation of a good diagnosis.

http://www.anderson.ucla.edu/media-relations/2012/richard-rumelt