“Most CEOs claimed that they wanted to spend about a third of their time on strategy. That’s about 80-days in a typical working year”. McKinsey Research, 2003.
A strategy is an essential tool in business. How do you know what you're doing without one? But what exactly is a good strategy? How do you get one? What are the options? Which are the key concepts and models you need to know about?
In the third edition of this easy-to-read and logically structured guide, Richard Koch leads the reader through each critical step in creating, delivering and understanding successful strategy. Beginning at the level of the business unit, where most everyday business activities are carried out, he shows us which questions to ask, how to go about answering them and what action to take as a result.
With an updated section on corporate strategy and an A-Z reference of strategy concepts, the FT Guide to Strategy is your guide to corporate success!
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Richard Koch is the author of 15 highly acclaimed books, including the best-selling 80/20 trilogy: The 80/20 Principle (over 700,000 copies sold), The 80/20 Individual, and most recently Living the 80/20 Way.
As well as lecturing and broadcasting, he is an extremely successful entrepreneur and investor. His ventures have included Filofax, Belgo, Plymouth Gin, Capstone, and currently Betfair, the world’s largest betting exchange. Formerly he was a consultant with the Boston Consulting Group, a partner of Bain & Company, and a founder of LEK Consulting. He was educated at the Universityof Pennsylvania and at Oxford University.
He is now an outside director of several companies, including listed venture capital houses in Luxembourg and the UK. He has homes in London, Cape Town, and the south of Spain.
"If you want a world-class strategy for next to no cost, this book is for you."
Tim Bunting, Chairman, Betfair, and former Deputy Chairman, Goldman Sachs
This best-selling guide is a proven winner for anyone crafting and realising strategy
Every business needs a strategy. But what exactly is a good strategy? How do you get one? What are the key concepts and models you need to know about? In the third edition of this best-selling, widely acclaimed and highly readable guide, Richard Koch swings you breezily through each step in developing a great strategy, both for individual businesses and for firms as a whole.
In his inimitable direct and engaging tone, Koch:
For executives, consultants and students, The Financial Times Guide to Strategy offers more insight than a whole library of academic strategy tomes. This is the smartest strategy available anywhere.
"Strategy has never been so simple, accessible, powerful and practically directed to raise profits."
Robin Field, former Chairman & CEO, Filofax
"Highly readable and amazingly useful. It distils the work of strategy experts and make it all so easy to use. Koch has a unique and insightful perspective on almost all aspects of strategy."
Geoff Cullinan, Partner, Bain & Co
"The new 'evolutionary' section on Corporate Strategy is fascinating and great fun to read."
Marcus Alexander, Strategy Professor, London Business School
"It is difficult to imagine how you could be a good strategist without this book...essential and stimulating reading."
Chris Outram, Chairman Emeritus, OC&C Strategy Consultants
"Takes the best ideas from academia and makes them practical for the busy business person. This is stuff you can put to great use NOW."
James A. Lawrence, Vice-Chairman, General Mills, Inc.
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