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Your Strategy Needs a Strategy: How to Choose and Execute the Right Approach

Martin Reeves, Knut Haanaes, Janmejaya Sinha

You think you have a winning strategy. But do you? Executives are bombarded with bestselling ideas and best practices for achieving competitive advantage, but many of these ideas and practices contradict each other.

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Book Information

Publisher: Harvard Business Review Press
Publish Date: 06/09/2015
Pages: 288
ISBN-13: 9781625275868
ISBN-10: 1625275862
Language: English

What We're Saying

January 06, 2016

800-CEO-READ's 2015 Bestsellers

By Dylan Schleicher

It's been another record year for us here at 800-CEO-READ. These are the books we moved the most in 2015. READ FULL DESCRIPTION

July 01, 2015

Our business book bestsellers for the month of June, 2015 READ FULL DESCRIPTION

June 18, 2015

Martin Reeves, Knut Haanaes, and Janmejaya Sinha of Boston Consulting Group provide a lesson on why our strategies need a strategy, and a guidebook to do it. READ FULL DESCRIPTION

August 03, 2015

Our business book bestsellers for the month of July, 2015 READ FULL DESCRIPTION

Full Description

You think you have a winning strategy. But do you? 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. Addressing your most pressing strategic challenges, you'll be able to answer questions such as: - What replaces planning when the annual cycle is obsolete?
- When can we--and when should we--shape the game to our advantage?
- How do we simultaneously implement different strategic approaches for different business units?
- How do we manage the inherent contradictions in formulating and executing different strategies across multiple businesses and geographies? Until now, no book brings it all together and offers a practical tool for understanding which strategic approach to apply. Get started today.

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