Simple rules: Strategy as simple rules

What are simple rules for strategy and how you are going to make them work in your organisations and most of the managers try to focus on opportunity strategy but you should know how to implement this strategy in a large complex organisation. He talks about how to put strategy in simple rules and to implement in your large organisation. One of the strategies of simple rule is choosing a process for doing things that make your organisation into a flow of opportunities, selecting small no of simple rules so that you can capture the opportunities that you are looking. There are five simple rules for organisation to capture opportunities that is available which make others not to pass by. First one is choosing what are the opportunities available for the organisation, second set of rules is privatisation ie which project should be concentrated first  and what should be done last. Third set of rule is about process of how you pursue a project. Fourth rule is pacing how you determine the timing of new product development. Five is pulling up or deciding when to get out of opportunity ie how to get out of some work when it is already done. Strategy of following simple rules allows the organisation to strengthen their chances of sustaining in the market and controlling the threats that may come.

The main advantages of simple rule is that it create a balance between too much structure in the organisation and the confusion that can happen due to complicated rules which had prevailed for long time. These rules if it clear and well-articulated that can be circulated through the organisation, these simple rules also makes it explicit.at the end he talked about pitfalls that can happen even if you follow the simple rules perfectly.