Business Strategy: A Guide to Effective Decision-Making

Business Strategy: A Guide to Effective Decision-Making cover
Good Books rating 3.27
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Technical
  • ID: 8786
  • Added: 2025-12-22
  • Updated: 2025-12-22
  • ISBN: 9781610394772
  • Publisher: The Economist
  • Published: 2015-05-26
  • Reviews: 3

Business Strategy delves into the critical process of strategic decision-making, from setting a vision and forecasting to resource allocation and innovation. It emphasizes the importance of understanding your current position, future goals, and the path to achieve them. The book highlights that strategy is not just the responsibility of the CEO and board but involves everyone in the organization. It explores the tough choices businesses face, such as targeting customers, offering products, and maintaining low costs while providing high service. The guide also stresses the need for adaptability and viewing strategy as an ongoing process to navigate constantly changing business conditions. The core message is clear: strategy is pivotal, and mastering it is essential for business success.

Reviews
Google Books · 2023-06-18
comprehensive 3.20

The book is a comprehensive guide to strategic decision-making, but it is noted for its lack of engaging content and weak examples. It is still seen as a valuable resource for professionals.

This guide covers the entire process of strategic decision-making, from setting a vision and forecasting to allocating resources and implementing plans. While it is praised for its thoroughness, readers have pointed out that the writing can be quite dry and the examples may not be as compelling as they could be. Despite these criticisms, it is still seen as a valuable resource for professionals in the field who need a detailed guide to business strategy. It's not the most exciting read, but it provides a solid foundation for understanding the complexities of strategic decision-making.


Quick quotes

    This updated guide looks at the whole process of strategic decision-making - from vision, forecasting, and resource allocation, through to implementation and ...

    The book is a comprehensive guide to strategic decision-making, but it is noted for its lack of engaging content and weak examples.

    It is still seen as a valuable resource for professionals.

Barnes & Noble · 2023-06-15
useful 3.00

The book is a thorough examination of strategic decision-making, but it is criticized for being dry and lacking engaging content. It is seen as a useful resource for those in the field.

This book provides a comprehensive overview of the strategic decision-making process, covering all the key aspects from vision and forecasting to implementation. However, readers have noted that the writing can be quite dry and the examples may not be as compelling as they could be. Despite this, it is still seen as a valuable resource for professionals in the field who need a detailed guide to business strategy. It's not the most exciting read, but it gets the job done.


Quick quotes

    This updated guide looks at the whole process of strategic decision-making, from vision, forecasting, and resource allocation, through to implementation and ...

    The book is a thorough examination of strategic decision-making, but it is criticized for being dry and lacking engaging content.

    It is seen as a useful resource for those in the field.

Goodreads · 2023-06-12
informative 3.60

This book is a comprehensive guide to strategic decision-making, covering everything from vision and forecasting to implementation. It is praised for its thoroughness but criticized for lacking the engaging wit of The Economist.

This guide is a detailed look at the strategic decision-making process, from setting a vision and forecasting to allocating resources and implementing plans. Readers appreciate the comprehensive coverage of the topic, but some feel it could benefit from more engaging writing and better examples. It's a solid resource for anyone looking to understand the complexities of business strategy, though it may not be the most exciting read.


Quick quotes

    This updated guide looks at the whole process of strategic decision-making, from vision, forecasting, and resource allocation, through to implementation and ...

    Overall, it has to be said that the book generally lacks the wit of The Economist, which is a shame.

    The examples also leave a lot to be desired.