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Business Strategy: Plan, Execute, Win! Hardcover – April 7, 2014
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From the Inside Flap
In many businesses, developing and implementing strategies can be a daunting and frustrating process. Many executives and business decision makers acknowledge the importance of cultivating and executing optimal strategies for growth and success, but the process of building strategies often becomes permanently mired in the seemingly endless requirements of daily business operations. As a result, strategy is pushed aside because it requires too much time and resources to create an effective one – and businesses suffer as a result. With Business Strategy: Plan, Execute, Win!, leading business strategist and adviser Patrick J. Stroh enlightens readers with a series of real-world stories and insights from helping clients to create a plan, execute it, and accurately measure its results.
Patrick speaks directly to CEOs, business executives, and those who aspire to C-level careers as he uses engaging parables to impart hard-earned wisdom as it pertains to business strategy development. Each chapter ends by asking readers to note two Golden Nuggets of information from the previous story and to eventually share those nuggets with their boards of directors, staffs, and teams. This unique approach is designed to ensure that readers take actionable insights away from the book and apply them to their own business challenges.
In Business Strategy: Plan, Execute, Win!, the author takes a positive, enlightened approach to creating and carrying out successful business strategies. This resource has been designed to be a light-hearted, engaging champion of business strategy, and it focuses on the best approaches for creating a business plan, executing it, and monitoring it.
- Demonstrates how business strategy, leadership, and general management are all inextricably linked and should operate simultaneously for best results
- Discusses the key traits of successful chief strategy officers (CSOs) and considers what this role should and should not entail
- Relies on engaging storytelling to aid in retention and reader involvement
- Written in an accessible style and filled with advice for planning, communicating, and listening to customers
With this guide, you will become familiar with universal success factors for creating solid business strategies, and will better understand the expectations and roles of today’s business strategist.
From the Back Cover
Praise for BUSINESS STRATEGY: PLAN, EXECUTE, WIN!
“I wholeheartedly agree with Patrick Stroh: Good leaders understand strategy and good strategists need to be good leaders. Make this book a strategic tool for improving your business strategy.”
— Harvey Mackay, author of the #1 New York Times bestseller Swim with the Sharks without Being Eaten Alive
“Oh no, yet another book on strategy, you say?! As a former CFO and now CEO of a multinational company, I can say this is a must read since we all agree that executing strategies is MUCH harder than developing strategies. What is different? Stroh has seen it all at many levels of the C-suite, and I strongly encourage aspiring C-suiters to carefully study his 10 universal truths of successful strategy execution that build on business, reality TV, Hollywood movies, and even agriculture analogies!”
— Jeff Thomson, CMA, CAE, President and CEO, IMA (Institute of Management Accountants)
“Patrick was my chief strategy and innovation officer during a time of growth and change across healthcare. He is a very thoughtful and strategic leader with real-world insights.”
— Jacqueline Kosecoff, PhD, Moriah Partners and former CEO of OptumRx
“Finally, strategy made real. Unlike academics who describe strategy in a way that will never work in real life, Patrick Stroh guides you through a concise, realistic path to strategic planning and execution. Only a true practitioner can produce a book about strategy that can be immediately applied to your business. Real strategy guidance for real businesses.”
— Lior Arussy, President, Strativity Group; Author of five books, including Customer Experience Strategy
“Patrick has taken on the often complex topic of strategy and delivered a useful set of insights in a clear, easy to get your head around format and tone. His approach and style allows you to make quick and practical applications to real business needs and real business solutions. A great read!”
— John Sweeney, Owner, Brave New Workshop Comedy Theatre; Author of Innovation at the Speed of Laughter
“Discontinuities in a fastly emerging business ecosystem make this book an engaging and effective resource for strategic thinkers, leaders, and students, but a MUST read for those struggling to build a strategic paradigm for their team to align around and drive the future success of their firm with practical advice and useful tools.”
— James Hansen, Chairman, JAMF Software; Adjunct Professor, University of St. Thomas
Top Customer Reviews
As I began to read this book, I was again reminded of Michael Porter's observation, "The essence of strategy is choosing what not to do." I agree with Porter as well as with Stroh: "Creating a strategy that you in turn drive into actionable plans and goals with associated metrics is invaluable. Execution is everything. Great executors of business strategy create conditions in which people":
O Know what to do because accountabilities are clear.
O Know how to do it because they have the right skills.
O Are motivated to do it because they see how they are adding value to the organization.
o Have defined metrics by which to measure the nature and extent of impact.
I view strategies as "hammers" that drive "nails" (tactics) to achieve the given objectives. Stroh's approach is to focus on the essentials of that process.Read more ›