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Your Strategy Needs a Strategy

How to Choose and Execute the Right Approach
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( 655 ratings, 70 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Your Strategy Needs a Strategy offers innovative insight into how businesses can develop effective strategies tailored to distinct market environments. The authors introduce a comprehensive framework to identify dynamic challenges and select the appropriate strategic approach. This guide empowers managers to adapt and thrive amidst varying industry conditions, ensuring growth and competitive advantage.
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Format: Hardback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

You might enjoy this book if you're interested in understanding how to tailor business strategies to a variety of different environments. It offers valuable insights for entrepreneurs and business leaders seeking to navigate complex and rapidly changing markets. The authors provide a toolkit for analysing and adapting strategies, making it a practical guide for anyone involved in business decision-making.

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Your Strategy Needs a Strategy

What approach does your company use to develop and execute its strategy?

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

What approach does your company use to develop and execute its strategy?

We are confronted with a plethora of different approaches and frameworks which purport to answer this question—from the classic Michael Porter approach to Kim and Mauborgne's blue ocean strategy to Steve Jobs' "build it and they will come" philosophy.

The answer? There is no one approach that works for everyone—but there is a best approach for your specific context.

From Global BCG strategy experts Martin Reeves, Knut Haanaes, and Janmejaya Sinha (and based on the bestselling article in Harvard Business Review), Your Strategy Needs a Strategy offers a practical guide to help you match your approach to strategy to your environment and execute it effectively. It aids in combining different approaches for companies which operate in multiple environments and guiding your organisation in making better strategic choices.

Organising approaches into five strategic archetypes—Be Big, Be Fast, Be First, Be the Orchestrator, Be Viable—the authors explain the conditions under which each is appropriate, when and how to execute each one, and how to avoid common strategy traps. They richly illustrate the idea with interviews with CEOs from different industries around the globe.

For anyone leading a business or charged with developing a winning strategy, this book is for you. The world of strategy is thick with opposing ideas and frameworks; Your Strategy Needs a Strategy will help you cut through the noise and find clarity on which approach is your best bet.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Your Strategy Needs a Strategy is praised for offering a comprehensive framework to navigate various business contexts, presenting five distinct strategic approaches. Reviewers highlight how it avoids oversimplification, providing deep insights into aligning strategy with environmental demands. It's deemed essential for leaders seeking innovative strategy execution in a complex, rapidly changing business landscape.

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Book Details

INFORMATION

ISBN: 9781625275868

Publisher: Harvard Business School Publishing

Format: Hardback

Date Published: 09 June 2015

Country: United States

Imprint: Harvard Business School Press

Illustration: illustrations

Audience: General / adult

DIMENSIONS

Spine width: 28.0mm

Width: 155.0mm

Height: 234.0mm

Weight: 510g

Pages: 288

About the Author

Martin Reeves is Director of the BCG Bruce Henderson Institute and a senior partner based in New York City.

Knut Haans is the global leader of BCG's Strategy practice and a senior partner in the Geneva office.

Janmejaya Sinha is chairman of BCG Asia Pacific, a member of BCG's Executive Committee, and a senior partner in the Mumbai office.

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