Sunday, November 26, 2006

The Mind of the Strategist - by Kenichi Ohmae

A classic text on strategy, as relevant today as it was when written. The most insightful parts:
- Analysis as the starting point for strategy formulation and its use in dissecting complex phenomena into its constituent parts
- Concept of the key success factors - In any industry or situation, the identification of the few key aspects that define success and the need for relentless focus on these
- How changing fixed & variable cost structures necessitate different strategies - varying from the focus on utilization to the focus on waste minimization & effective planning

While most of these aspects are common knowledge to any student of strategy/consulting, their lucid explanation and clear methodology make the book a necessary refresher
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