According to our text (HBR, 2011), “In our work, we often see evidence of what we call the 80-100 rule: you’re better off with a strategy that is 80% right and 100% implemented than one that is 100% right but doesn’t drive consistent action throughout the company. A strategic principle can help a company balance that ratio” (p. 193).
1. What is a strategic principle? Use an example for illustration.
2. Watch the video Larry Page: Where’s Google going next? Answer the question: What is Google’s strategic principle?
3. What would be the strategic principle of your organization?
Reference:
Business Review Press, Harvard. ( © 2011). Hbr’s 10 must reads on strategy.