Definitely a classic text on the subject, and coming from a slightly broader angle than many other approaches. In common with other authors, Rumelt bases his strategy around identifying the challenges being faced; in contrast, instead of then moving straight into the realm of actions, he considers the values at work so that any actions are consonant with them. But perhaps the most revealing facet of this book is the coverage it gives to bad strategy, the confusions that arise when one mistakes a mission statement (or indeed a set of values) for a strategy, where the former are not executable and not targeted at any particular challenge. Should be required reading for anyone in a leadership role.

4/5. Finished Saturday 12 October, 2019.

(Originally published on Goodreads.)