Playing to Win: How Strategy Really Works
How Strategy Really Works is a book about strategy, written by A.G. Lafley, former CEO of Procter & Gamble, and Roger Martin, dean of the Rotman School of Management. The book covers the …
Strategy
What Matters More in Decisions: Analysis or Process?
We all make decisions. Some of them are large and many of them are small. Few of us understand that the process we use to make those decisions is more important than the analysis we put into the …
Henry Singleton on Strategic Planning — Stay Flexible
Henry Singleton has the best operating and capital deployment record in American business . . . if one took the 100 top business school graduates and made a composite of their triumphs, …
Mental Model: Game Theory
From Game Theory, by Morton Davis: The theory of games is a theory of decision making. It considers how one should make decisions and to a lesser extent, how one does make them. You make a number of …
Your Strategy Is Not What You Say It Is — Clayton Christensen
If you study the root causes of business disasters and management missteps, you’ll often find a predisposition toward endeavors that offer immediate gratification. Many companies’ decision-making …
A Primer on Strategy
There are many good reasons to read Good Strategy Bad Strategy by Richard Rumelt. You may be frustrated by the state of your organization’s strategy. You may be interested in identifying the …
Mental Model: Prisoners’ Dilemma
The prisoners’ dilemma is the best known strategy game in social science. The game shows why two entities might not cooperate even when it appears in their best (rational) interest to do so. …
Is Everything Obvious Once You Know The Answer?
We often think we can rely on common sense. But in a complex world, common sense is not always sufficient. *** Duncan Watts new book Everything is Obvious: Once You Know The Answer explores the limit …
The Colonel Blotto Game: How Underdogs Can Win
If you’ve ever wondered why underdogs win or how to improve your odds of winning when you’re the underdog, this article on The Colonel Blotto Game is for you. *** There is a rich tradition …
Bruce Pandolfini Teaches Thinking, Not Chess
Bruce Pandolfini doesn’t have an MBA but he knows more about strategy than most people. Pandolfini is one of the most sought-after chess teachers in the world. He’s also one of the most …