|I love when I read things that make me think… Just finished reading “Setting strategy in the new era: A conversation with Lowell Bryan and Richard Rumelt”, a recent article from The McKinsey Quarterly, and there were a few points that made me reflect.
First was this line:
Do the uncertainties make it hard to do strategy? Is it hard to develop strategy, execute strategy or be successful? Not sure I have the answer, but I did wonder.
This was a great line. Budgets will certainly constrain how many initiatives you have in play, but managing that portfolio for the best long-term ROI is what product management is all about.
Interesting, was Clear just unlucky? Or do you plan to be lucky and not plan to be unlucky.
This basically summed it up for me. Strategy is about making decisions, but to be a good strategist is about being flexible and being able to prepare for change. I hear something about putting the bull in flexible. Hat tip to Jim Holland for that one!
Image Source: The McKinsey Quarterly
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