What is Strategy

In the ever-evolving landscape of professional development, I've noticed that the term "strategy" is frequently thrown around, often without a clear understanding of its true meaning. Unfortunately, this misunderstanding often leads to the formulation of ineffective strategies, a topic explored by Richard Rumelt in his book Good Strategy/Bad Strategy.

In that ancient conflict, Hannibal faced a Roman army much larger than his own.

So, how did he emerge victorious?
What crucial lessons can we draw from Hannibal's strategic brilliance?
Now, why does this historical tale matter to you and me in the modern professional landscape?

In today's short episode, I delve into the intricacies of strategy, shedding light on common misconceptions and providing valuable insights. Strategy is not just a buzzword; it's crucial for individuals and organizations alike. It provides a decision framework, guiding actions, aligning efforts, and paving the way for success.

Join me while I break down the lessons using three key elements: