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Top 20 Richard P. Rumelt Quotes (2024 Update)

Richard P. Rumelt Quote: “At the core, strategy is about focus, and most complex organizations don’t focus their resources. Instead, they pursue multiple goals at once, not concentrating enough resources to achieve a breakthrough in any of them.”
Richard P. Rumelt Quote: “A good strategy honestly acknowledges the challenges being faced and provides an approach to overcoming them.”
Richard P. Rumelt Quote: “Good strategy requires leaders who are willing and able to say no to a wide variety of actions and interests. Strategy is at least as much about what an organization does not do as it is about what it does.”
Richard P. Rumelt Quote: “It is hard to show your skill as a sailor when there is no wind.”
Richard P. Rumelt Quote: “The first step of making strategy real is figuring out the big ‘aha’ to gain sustainable competitive advantage – in other words, a significant, meaningful insight about how to win.”
Richard P. Rumelt Quote: “Despite the roar of voices wanting to equate strategy with ambition, leadership, “vision,” planning, or the economic logic of competition, strategy is none of these. The core of strategy work is always the same: discovering the critical factors in a situation and designing a way of coordinating and focusing actions to deal with those factors.”
Richard P. Rumelt Quote: “Simply being ambitious is not a strategy.”
Richard P. Rumelt Quote: “Strategy is the craft of figuring out which purposes are both worth pursuing and capable of being accomplished.”
Richard P. Rumelt Quote: “The most basic idea of strategy is the application of strength against weakness. Or, if you prefer, strength applied to the most promising opportunity.”
Richard P. Rumelt Quote: “Strategies focus resources, energy, and attention on some objectives rather than others. Unless collective ruin is imminent, a change in strategy will make some people worse off. Hence, there will be powerful forces opposed to almost any change in strategy. This is the fate of many strategy initiatives in large organizations.”
Richard P. Rumelt Quote: “The core of strategy work is always the same: discovering the critical factors in a situation and designing a way of coordinating and focusing actions to deal with those factors.”
Richard P. Rumelt Quote: “A design-type strategy is an adroit configuration of resources and actions that yields an advantage in a challenging situation. Given a set bundle of resources, the greater the competitive challenge, the greater the need for the clever, tight integration of resources and actions. Given a set level of challenge, higher-quality resources lessen the need for the tight integration of resources and actions. These.”
Richard P. Rumelt Quote: “Design always involves a certain amount of trial and error, and hardware trials and errors are much more costly.”
Richard P. Rumelt Quote: “Nevertheless, the doctrine that one can impose one’s visions and desires on the world by the force of thought alone retains a powerful appeal to many people. Its acceptance displaces critical thinking and good strategy.”
Richard P. Rumelt Quote: “Without constant attention, the design decays. Without active maintenance, the lines demarking products become blurred, and coherence is lost.”
Richard P. Rumelt Quote: “Many people call the guiding policy “the strategy” and stop there. This is a mistake. Strategy is about action, about doing something. The kernel of a strategy must contain action.”
Richard P. Rumelt Quote: “Strategy cannot be a useful concept if it is a synonym for success. Nor can it be a useful tool if it is confused with ambition, determination, inspirational leadership, and innovation.”
Richard P. Rumelt Quote: “A strategy is, like a scientific hypothesis, an educated prediction of how the world works.”
Richard P. Rumelt Quote: “When a leader characterizes the challenge as underperformance, it sets the stage for bad strategy. Underperformance is a result. The true challenges are the reasons for the underperformance. Unless leadership offers a theory of why things haven’t worked in the past, or why the challenge is difficult, it is hard to generate good strategy.”
Richard P. Rumelt Quote: “If the challenge is not defined, it is difficult or impossible to assess the quality of the strategy. And if you cannot assess a strategy’s quality, you cannot reject a bad strategy or improve a good one.”
Richard P. Rumelt Quote: “I don’t actually know what I know until I work to write it down. The process of writing reveals contradictions, weak arguments, and places where more data is needed to back up an opinion. And it helps sort out the important from the less important.”
Richard P. Rumelt Quote: “In a changing world, a good strategy must have an entrepreneurial component. That is, it must embody some ideas or insights into new combinations of resources for dealing with new risks and opportunities.”
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