Strategic Learning: How to Be Smarter Than Your Competition and Turn Key Insights into Competitive Advantage Review

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Strategic Learning: How to Be Smarter Than Your Competition and Turn Key Insights into Competitive Advantage ReviewI like reading books on strategy and this one stands out because the author's framework, based on years of experience, is pratical and easy to follow.
At the heart of Mr. Pietersen's strategic framework are four core activities:
1. Learning (as in assessment)
2. Focus (what needs to be done)
3. Align (right people, process, and metrics)
4. Execute (working the plan)
The above process is just that--an ongoing process that never ends.
There are so many gems in this book, and it's hard to drawn attention to just a few, but let me try:
- The author does a great job at explaining the differences between planning and strategy and how the two connect. Strategy first, planning afterwards according to the author.
- The value/cost gap ... excellent discussion along with examples. GM's value/cost gap is tight compared to Toyota/Honda.
- Others include the Sigmoid Curve, compounding through focus, and so many more. I particularly appreciated the discussion about McDonald's "Plan to Win" strategy. A Google search will give you more details about this process at the Wharton School Publishing website.
Consider reading this book with a pad and pen. There's a lot here so you will reap the most benefits by taking notes along the way. Then, I'd suggest reading a second time to determine the specifics you wish to apply in your organization.
The author states this book stands on its own, but I will still be buying his first book on the same subject.Strategic Learning: How to Be Smarter Than Your Competition and Turn Key Insights into Competitive Advantage Overview

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