The kernel of a strategy contains three elements: a diagnos… - Richard P. Rumelt

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The kernel of a strategy contains three elements: a diagnosis, a guiding policy, and coherent action.

Richard P. Rumelt

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About Richard P. Rumelt

Richard Post Rumelt (born November 10, 1942) is an American organizational theorist, and Emeritus Professor at the , known for his work in the field of strategy, strategic planning, strategic management, and strategy dynamics.

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Alternative Names: Richard Post Rumelt • Richard Rumelt

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The kernel of strategy contains three elements:

Originators like Richard P. Rumelt:

Michael Porter Michael E. Porter Kenichi Ohmae Joseph L. Bower Constantinos C. Markides

Additional quotes by Richard P. Rumelt

[ Diversification strategy is] a firm’s commitment to diversity per se, together with the strengths, skills or purposes that span this diversity, shown by the way in which business activities are related one to another.

A strategy coordinates action to address a specific challenge. It is not defined by the pay grade of the person authorizing the action.

For Schumpeter the most important firms are those that serve as the vehicles for action of the real drivers of the system — the innovating entrepreneurs.

The kernel of a strategy contains three elements: a diagnosis, a guiding policy, and coherent action. - Richard P. Rumelt

About Richard P. Rumelt

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Shorter versions of this quote

Additional quotes by Richard P. Rumelt