5min chapter

Inside the Strategy Room cover image

134. Richard Rumelt on what separates good strategy from bad

Inside the Strategy Room

CHAPTER

Resilience Is a Strategic Action

I think it's very hard to make predictions right now in terms of, so I think the humility about what we don't know and planning for different scenarios is probably critical. For others, this is actually an opportunity to make bolder strategic bets to thrive in the time after things go back to normal. There are long-term things you can bet on: The age distribution of the population is pretty much fixed; there's a coming imbalance that there's going to be too many old people and non-muff young people. And so these kind of things we can forecast, but the social and technical stuff, oh that's much harder. Nobody forecasts Instagram. Nobody forecasts social media as an

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode