What is Good Corporate Strategy? 

A true guru! He is the best!

Great video! Richard did an excellent job explaining good corporate strategy!

🎯 Key Takeaways for quick navigation: 00:09 🎯 *Good business strategy is fundamentally simple and involves focusing resources on a single objective.* 00:52 📉 *Difficulty in assessing strategy success arises from current results being influenced by past endowments like brand, reputation, and market position.* 01:45 🤝 *Organizational challenge: The inherent compromise in satisfying multiple constituencies can dilute focus, hindering strategy accomplishment.* 03:23 ❓ *In real strategic situations, the choice set is often unknown, making decision-making challenging and requiring time to understand new dynamics.* Made with HARPA AI

Dear friends, I think the corporate strategy is we want to grow 20% ROA, and the business strategy is product A grow 30%, product B grow 40%, product C grow 10%. Is it right?. Thanks .