READ [epub] The Strategy Paradox Why committing to success leads to failure (and what to do about it) Written By Michael E. Raynor on Mac New Pages

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Book Synopsis : A compelling vision. Bold leadership. Decisive action. Unfortunately, these prerequisites of success are almost always the ingredients of failure, too. In fact, most managers seeking to maximize their chances for glory are often unwittingly setting themselves up for ruin. The sad truth is that most companies have left their futures almost entirely to chance, and don?t even realize it. The reason? Managers feel they must make choices with far-reaching consequences today, but must base those choices on assumptions about a future they cannot predict. It is this collision between commitment and uncertainty that creates THE STRATEGY PARADOX.This paradox sets up a ubiquitous but little-understood tradeoff. Because managers feel they must base their strategies on assumptions about an unknown future, the more ambitious of them hope their guesses will be right ? or that they can somehow adapt to the turbulence that will arise. In fact, only a small number of lucky daredevils prosper, while .

 

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