"Astrology? What does astrology have to do with business
strategy? Unfortunately, everything. To see why, and what to do
about it, we have to go on an intellectual excursion-in fact this whole
book is just such an adventure. Our purpose here is not to promote a new
strategy (or a new diet). Instead, we're going to go into the heart of the
concept of strategy. We're going to look at history and nature and see
what each can teach us about strategy. We're going to shed the
straitjacket of business anecdotes and look at the logic of scientific
discovery. We're going to look at what makes any good strategy work-the
very conditions for strategy. "We're not going to be just conceptual;
we're going to be practical. I promise that by the end of every chapter
you will have discovered the possibility for doing something
different--tomorrow. But without a firm grasp on the conceptual
foundations of strategy, we'll just flounder among the anecdotes of how
Toyota does it, how Microsoft is doing it, and how Wal-Mart did it. I said
a minute ago that the problem with the multitude of strategic approaches
was that they supply too much truth-too much confirming evidence. Our
excursion begins with why that's so-and why we need not the right way to
be right, but the right way to be wrong." Ready?
"If you've read this far, you are already far ahead of
most corporate strategic thinkers in companies today. But taking these
insights about falsification versus verification real is a journey that
will take us through a three-stage adventure: In Chapters Two and
Three we'll recognize that being a strong, falsifiable hypothesis isn't
enough. It turns out that great strategies have important structures in
common. So we'll perform some strategic dissection, using military history
and other tools to help you make sure that your strategic body has all its
needed parts. In Chapters Four and Five we'll show why one
well-known touchstone for a great strategy-whether it creates a
Sustainable Competitive Advantage--is powerful but desperately obsolete.
However SCA, as it's known, gives way to a new vision of strategy-one that
recognizes that strategy has a life-cycle, like other living things. This
is OCE: Opportunity Creation and Exploitation. Chapters Six, Seven
and Eight make the most of the OCE insight. Chapter Six provides concrete
tools for better hypothesis generation and testing. It examines why market
research and consultants are normally mis-used-and what to do about it.
Chapter Seven maps management's choices for making a great strategy happen
in the real world. It sets out the rewards and dangers for different
methods of creating strategic breakthroughs-and exploiting those
breakthroughs. Chapter Eight shows how OCE requires a radical new way of
thinking about allocating, accounting for and budgeting resources. One or
two of these ideas will drive Wall Street crazy, but give managers much
more control and flexibility. Chapters Nine and Ten deal with the
human side of strategic success. In Chapter Nine we explore why success's
biggest enemy is the invisible, gravitational force known as culture. But
we're not content with that surface insight. Instead we dive deeper and
look at the causes and life cycle of corporate culture itself and its
precise impact on strategy. In Chapter Ten we again gather insights from
history and psychology to provide tools for your company's Top Management
Team to reshape culture to strategic needs. Finally, in Chapter
Eleven we summarize in 81 Do's and Don'ts just what companies should do to
create, test, and implement winning corporate strategies. You may be
tempted to tear out these
pages. |