Good or Bad Strategy
How do you know your strategy is good or bad? In this article we cover a few yet quite important tools for keeping yourself in check. There are essentially three check points that Richard Rumelt 2011, called “the kernel of good strategy”. Kernel refers to “the central most important part of something” Oxford. Firstly, the diagnosis of the situation or challenge at hand. Secondly the creation or identification of a guiding policy for dealing with the critical difficulties, and finally a set of coherent actions. Let’s unpack them one by one. Continue reading → Good or Bad Strategy?