Your Strategy Needs a Strategy, Knut Haanaes
Your Strategy Needs a Strategy, Knut Haanaes
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Your Strategy Needs a Strategy
How to Choose and Execute the Right Approach

Author: Knut Haanaes, Martin Reeves, Janmejaya Sinha

Narrator: Jeffrey Schmidt

Unabridged: 6 hr 52 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 03/07/2023


Synopsis

Executives are bombarded with bestselling ideas and best practices for achieving competitive advantage, but many of these ideas and practices contradict each other. Should you aim to be big or fast? Should you create a blue ocean, be adaptive, play to win—or forget about a sustainable competitive advantage altogether? In a business environment that is changing faster and becoming more uncertain and complex almost by the day, it's never been more important—or more difficult—to choose the right approach to strategy.

In this book, The Boston Consulting Group's Martin Reeves, Knut Haanæs, and Janmejaya Sinha offer a proven method to determine the strategy approach that is best for your company. They start by helping you assess your business environment—how unpredictable it is, how much power you have to change it, and how harsh it is—a critical component of getting strategy right. They show how existing strategy approaches sort into five categories—Be Big, Be Fast, Be First, Be the Orchestrator, or simply Be Viable—depending on the extent of predictability, malleability, and harshness. In-depth explanations of each of these approaches will provide critical insight to help you match your approach to strategy to your environment, determine when and how to execute each one, and avoid a potentially fatal mismatch.

Reviews

Goodreads review by Gene on September 20, 2022

This book provides structure to the strategy debate by presenting a framework to help determine which business strategies are most appropriate for different business environments. The five strategy environments, and related strategies, are as follow: ~ Classical: Be big ~ Adaptive: Be fast ~ Visionary:......more

Goodreads review by Tài on July 14, 2019

Rich in knowledge but definitely not an easy read. I'm new to business strategy and this book has drawn out much of my mental energy (in a positive way). The Big Idea(s) are logical and easy to understand. Once you've gone through these 282 pages (less Appendices then only ~70% of the pages are the m......more

Goodreads review by Jose on August 05, 2015

This is an excellent book for anyone who wants to understand Corporate Strategy and to be clear that we have many distinct ways to pursue a strategy in the market. The authors studied lots of companies and they developed a framework and defined five different strategies and ways to plan and execute......more

Goodreads review by Samir on October 20, 2020

This, in my opinion is a new classical strategy book and a must read......more

Goodreads review by Sambasivan on September 27, 2017

Excellent model and a pleasure to read.......more