"One-size-fits-all theories are cooked up by shallow outsiders for those hunting for magic pills." There are so many claims on LinkedIn about 'the secrets of strategy' or the 'only way to do strategy' - and the appeal of each latest management theory is contagious as organisational leaders search for silver bullets or are afraid of missing out on the latest 'best practices' (encouraged by the big consultancy firms who have something new to sell).
It's how you adapt the thinking behind each theory to your own organisation's unique situation that really matters, stepping off the bandwagon and questioning whether or how it's really applicable.
Svyatoslav, I agree there's no one-size-fits-all. People don't become great by reading a book. The author of the book explains what worked for them that time in that environment/political climate/interest rates, etc. All of that may be completely different for you.
"One-size-fits-all theories are cooked up by shallow outsiders for those hunting for magic pills." There are so many claims on LinkedIn about 'the secrets of strategy' or the 'only way to do strategy' - and the appeal of each latest management theory is contagious as organisational leaders search for silver bullets or are afraid of missing out on the latest 'best practices' (encouraged by the big consultancy firms who have something new to sell).
It's how you adapt the thinking behind each theory to your own organisation's unique situation that really matters, stepping off the bandwagon and questioning whether or how it's really applicable.
Many thanks for the comment.
LinkedIn oozes this kind of 'cheap wisdom' – '6 critical steps to winning strategy' or 'Just 5 things you need to know to be a great strategist.'
And, paradoxically, this informational garbage gets tons of likes and reposts.
Hi, I made another translation: https://dineros.substack.com/p/la-ilusion-del-enfoque-no-caigas
Great! Many thanks!
Svyatoslav, I agree there's no one-size-fits-all. People don't become great by reading a book. The author of the book explains what worked for them that time in that environment/political climate/interest rates, etc. All of that may be completely different for you.
All the attempts to explore and explain business success have failed (so far). Otherwise, we wouldn't have unsuccessful businesses:)
Good points 👌
Many thanks!
Business is complex. There are no easy answers. What works for one company, or in one industry or country, may not work elsewhere.
Many books may have been valuable at a certain time or under specific conditions. However, years later or in a different context they don’t hold up.
I believe there are enduring universal concepts, but they still need to be tested and updated.