Simplification in todays organizations is the strategy that has the. This article is the third in a series on corporate strategy in the new economy that eisenhardt has published in hbr. Simple rules are shortcut strategies or rules of thumb that save time and effort by focusing. In simple rules, sull and eisenhardt masterfully challenge how we think about complexity and offer a new. In traditional strategy, advantage comes from exploiting resources or stable market positions. Simple rules, as sull and eisenhardt explain, can help us make. The rules arent universal theyre tailored to the particular situation and the person using them. Thats a good definition, and the first part of the book covers the basics of simple rules. Professor and codirector of the stanford technology ventures program. Eisenhardt, a professor at the stanford university school of.
Sull and eisenhardt suggest that a limited set of simple rules must be applied to. They all use simple rules to help them navigate complex challenges, according to a new book by stanford professor kathleen eisenhardt. We reported our findings in hbr strategy as simple rules, january 2001. Kathleen eisenhardt management science and engineering. Why they work the book suggests that rules have to remain simple and easy to remember so keep them down to just a few rules. Blue sky leadership consulting works with organizations to leverage strategic thinking and execution planning and we encompass many of the principles in.
In strategy as simple rules, by contrast, advantage comes from successfully seizing fleeting opportunities. How to thrive in a complex world is a 2015 business strategy book. Sull is an assistant professor at harvard business school in boston. Buy books, tools, case studies, and articles on leadership, strategy. How to survive in a complex world houghton mifflin harcourt which explores how simplicity tames complexity in business, life, and nature. How to thrive in a complex world by donald sull and kathleen eisenhardt. Donald sull is a global expert on strategy and execution in turbulent markets. Kathleen eisenhardt stanford school of engineering. In strategy as simple rules, advantage comes from successfully seizing fleeting opportunities. And, several years ago, i read kathleen eisenhardts book competing on the edge, which i. In this articlethe third in an hbr series by kathleen eisenhardt and donald sull on strategy in the new economythe authors ask, what are the sources of competitive advantage in highvelocity markets.
We all deal with complexity now, and this book will show you how you can do more with less. Many burglars follow just one rule that significantly lowers their risk of getting caught they pass on houses where there are cars in the driveway, says the book, which eisenhardt coauthored with donald sull, a senior lecturer at the mit sloan school of business. Simple rules are shortcut strategies that save time and effort by focusing our. Simple rules donald sull kathleen eisenhardt executive book. Stanford professor kathleen eisenhardt, coauthor of simple rules. Eisenhardt is a professor of strategy and organization at stanford university in california.
How to survive in a complex world houghton mifflin harcourt. Mauboussin, head of global financial strategies, credit suisse. Simple rules are shortcut strategies that save time and effort by focusing our attention and simplifying the way we process information. Simple rules, in contrast, represent the beating heart of strategy. In this articlethe third in an hbr series by kathleen eisenhardt and donald. When applied to a critical bottleneck, carefully crafted, and used in a mindful manner, simple rules can guide the activities. Confer flexibility to pursue new opportunities while maintaining consistency.
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