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Why is Strategy Important?
Introduction to Strategy: Strategy Principles 1
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4m 31s
Strategy helps deal with the 3 "C's" of the competitive environment: complexity, competition, and constraints.
Up Next in Introduction to Strategy: Strategy Principles 1
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Planning vs Learning Strategies
Sometimes a plan is necessary. But sometimes the best plan is no plan at all.
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Direct vs. Indirect Strategy
"Hit 'em," or, "Hit 'em where they ain't?" Sometimes you need to beat the competition at their own game, but sometimes the best strategy is to avoid a competitor's strengths.
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Quality vs Quantity in Strategy
Successful strategies don't always require being the best. Sometimes being the cheapest works, too.
