Build your confidence and knowledge about strategy with this episode of HR Coffee Time. Fay talks you through the key takeaways from Richard Rumelt’s modern business classic, “Good Strategy, Bad Strategy: The difference and why it matters.”

Not only will this help you create more powerful People and HR strategies, but it will also help you understand how to craft and contribute to the overarching strategy for the whole organisation you work in.

This episode will be helpful for you, no matter which role you’re ultimately aiming for, but it will be especially useful if you’d like to move into a Board-level role (or are already in one).

Ideas shared in the episode, include:

The kernel of good strategy is made up of:

A diagnosis that defines or explains the nature of the challenge
A guiding policy for dealing with the challenge
A set of coherent actions designed to carry out the guiding policy

9 sources of power:

Leverage
Proximate objectives
Chain-link systems
Using design
Focus
Growth
Using advantage
Using dynamics
Inertia and entropy

Useful Links

Connect with Fay on LinkedIn
Fay’s website: Bright Sky Career Coaching

Buy the Book Recommendation

(Disclosure: the book link is an affiliate link which means that Fay will receive a small commission from Amazon if you make a purchase through it)

Good Strategy, Bad Strategy: The difference and why it matters, by Richard Rumelt

Other Relevant HR Coffee Time Episodes

Episode 26: How to be strategic in your new HR leadership role
Episode 61: The 4 pillars that will help you be strategic in your HR role
Episode 77: How to create an effective DEI strategy, with Metra Rowe
Episode 98: HR insider insights: how to create a powerful people strategy for an SME, with Kelly Vincent

Looking For the Transcript?

You can find transcripts for all episodes on the HR Coffee Time section of the Bright Sky Career Coaching website.

Rate and Review the Podcast

If you found this episode of HR Coffee Time helpful, please rate and review it on Apple Podcasts or Spotify. If you're kind enough to leave a review, let Fay know so she can say thank you. You can always reach her at: fay@brightskycareercoaching.co.uk.

Enjoyed This Episode? Don't Miss the Next One!

Be notified each time a new episode of HR Coffee Time is released and get access to other free career tips, tools and resources by signing up to receive the free weekly HR Coffee Time email.

Mentioned in this episode:

The HR Planning Day

Learn more about The HR Planning Day and book your ticket: https://essentialhrplanner.co.uk/hr-planning-day/

Check out HR Coffee Time's sponsor!

Ready to unlock the power of your people? Join over 15,000 businesses at personio.com today.

Personio

Charlie's Club America Dream, One School At a Time

The Charlie Kirk Show

Turning Point Action response and hiring

The AI-powered Podcast Player