While strategy is foundational to the success of any business, many of the best practices touted to craft strategy are contradictory, according to authors Martin Reeves, Knut Haanaes and Janmejaya Sinha.
In their new book, “Your Strategy Needs a Strategy: How to Choose and Execute the Right Approach,” the authors guide readers through a method that can help them crystalize the best strategy for their goals and operations.
Among the first steps in assessing strategy is evaluating the unpredictability of a business environment and the extent of control an executive has in changing his or her business, according to the authors, all of The Boston Consulting Group.
They categorize existing strategies into five groups – be big, be fast, be first, be the orchestrator or be viable.
Their insight will help readers overcome top strategic challenges and learn how to align their approaches to strategy with the needs and demands of their environments.
“Your Strategy Needs a Strategy” is available on www.800ceoread.com for $25.60.