I'm a strategy junkie. Whether playing board games or doing business, I like to look at the big picture and decide on the best path. AlwaysOn has an interesting interview of Michael Raynor, a Deloitte consultant and author of The Strategy Paradox.
What is the paradox you ask?
"This is what I call the strategy paradox. That is, the same strategies that have the highest probability of extreme success also have the highest probability of extreme failure. In other words, everything we know about the linkage between strategy and success is true, but dangerously incomplete. Vision, commitment, focus...these are all in fact the defining elements of successful strategies, but they are also systematically connected with some of the greatest strategic disasters."
One might say that the strategy is at best a bold bet. You might win. You might lose. But betting bold is on a strong hand is how you get a shot at winning big.
The book is definitely on my reading list.
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Posted by: Stephen Cook | March 9, 2007 9:25 AM | Permalink to Comment