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.
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