Richard, chapeau. It helps me to support others with finding in themselves their answers to build a strategy. All this in organizational business context. So, many thanks, great chat, cool stories and keep on igniting thinking! The world would become a better place to live. Cheers for now, Marc
OMG, he verbalized what I often think when I try to read strategic documents. I go "that's a word salad, there's nothing here, it's abstract fancy-sounding statement that makes the author look smart. But what does it mean?" Thanks Lenny for inviting Prof. Rumelt!
Yep, me too. A strategic document, truly, is a list of what you are going to do, how you will resource it. It might also cover the way current capabilities will be deployed, how constraints will be navigated and what projects are needed to ensure the capability we need.
An amazing time we live in, I can watch this for free from my place and with earphone so I can hear them clearly, colours are close to reality, with ability to stop and go back if I didn't understand something! Truly blessed!
It was my first encounter with Richard Rumelt interview. He's delivering great insights, sharing extensive knowledge, wisdom, experience. I was impressed how Richard is able to connect recent LLM revolution back to other revolutions of the past. Lenny, I'm looking forward for similar caliber profiles on your channel. Well done!
One of the best episodes, largely because it is distilled down to what matters and how to think about a problem. Have taken down a lot of notes. Hope to continue this thought exercise at my workplace. Thanks for bringing Richard onto the pod.
Best explantion of what stragey is, it is an action plan to solve the hardest problem but its impacted when interests are not aligned , if he writes a "don't do that" book , i think it will be a great book
So many gems from experience in here. Listen with intent and you may recognize them from your own practice. I also like the hint on history books that is key to understanding the context even in todays tech driven world.
The interview with Richard Rumelt was truly insightful. Having read his books, "Good Strategy, Bad Strategy" and "The Crux," I'm inspired to conduct a webinar on strategy to explain that it goes beyond mere vision and mission statements. The term "Action Agenda" resonates with me as a fitting substitute for the conventional strategy plan. I appreciate the concise summaries presented in the Takeaways throughout the interview. Both the interviewee and interviewer were exceptional, and I look forward to similar engaging discussions in the future.
This was an outstanding and insightful interview. You did a good job of facilitating him through his most notable findings from his books and experience, and he did a great job of staying very consistent with his message. This is quite a lot of food for thought; thank you for hosting this interview!
This was a really slow burner episode, it's very different from Lenny's other episodes, this is probably my Lenny of the Year Episode (I know to early to tell).
It was an excellent episode, Lenny and Richard Rumelt! Thank you so much. It's been a huge pleasure to watch it in its entirely. Full of insights and clarification on strategy and other subjects. Be sure to check it out!
Thanks for this. There's some really good ideas here. As a strategic approach/framework, Roger Martin's and AG Lafley's "Playing to win" is a much clearer way to create a winning strategy.
@@LennysPodcast under the video with Roger a couple of people asked how his work fit with Rumelt's. I replied that Roger has explained this on one of his Medium posts but I can't see my comment. did you delete it? is it YT? (because I mentioned another platform, though I did not add a link)
@@LennysPodcast I've noticed that YT tends to delete comments with links that are not other YT videos... 😞that's why I just mentioned the name of the platform.
@@cesareborgia6431 That's crazy. I just looked and couldn't find anything that showed me these videos that it's removing. What if you try posting that reply again?
Yeah, I know what you mean. We give guests a lot of guidance on how to set things up well, and even ship them a mic if they want. But still doesn't always end up being amazing. It's been a lot worse, fwiw.
Great one! It would also be interesting to have the author Thinking In Bet Annie Duke on the podcast - eventually, all strategic decisions are sort of bets.
Was so difficult to listen and even more difficult to understand an answer on every question. For example I had to listen "example of a good strategy" 3 times before I could figure out an answer. Really surprised by the commenters who wrote "the best interview". Definitely it's not the best one. I wished I could listen and extract value, but I can't.
Richard, chapeau. It helps me to support others with finding in themselves their answers to build a strategy. All this in organizational business context. So, many thanks, great chat, cool stories and keep on igniting thinking! The world would become a better place to live. Cheers for now, Marc
OMG, he verbalized what I often think when I try to read strategic documents. I go "that's a word salad, there's nothing here, it's abstract fancy-sounding statement that makes the author look smart. But what does it mean?" Thanks Lenny for inviting Prof. Rumelt!
Yep, me too. A strategic document, truly, is a list of what you are going to do, how you will resource it. It might also cover the way current capabilities will be deployed, how constraints will be navigated and what projects are needed to ensure the capability we need.
An amazing time we live in, I can watch this for free from my place and with earphone so I can hear them clearly, colours are close to reality, with ability to stop and go back if I didn't understand something!
Truly blessed!
I've listened to this podcast several times. I continue to learn something new I missed.
Great! Prof. Rumelt rocks. I've read the Good Strategy/Bad Strategy and it's one of the best Stratgey books.
This is such an amazingly simple exposition. 🎉
It was my first encounter with Richard Rumelt interview. He's delivering great insights, sharing extensive knowledge, wisdom, experience. I was impressed how Richard is able to connect recent LLM revolution back to other revolutions of the past.
Lenny, I'm looking forward for similar caliber profiles on your channel. Well done!
One of the best episodes, largely because it is distilled down to what matters and how to think about a problem. Have taken down a lot of notes. Hope to continue this thought exercise at my workplace. Thanks for bringing Richard onto the pod.
Best explantion of what stragey is, it is an action plan to solve the hardest problem but its impacted when interests are not aligned , if he writes a "don't do that" book , i think it will be a great book
So many gems from experience in here. Listen with intent and you may recognize them from your own practice. I also like the hint on history books that is key to understanding the context even in todays tech driven world.
The interview with Richard Rumelt was truly insightful. Having read his books, "Good Strategy, Bad Strategy" and "The Crux," I'm inspired to conduct a webinar on strategy to explain that it goes beyond mere vision and mission statements. The term "Action Agenda" resonates with me as a fitting substitute for the conventional strategy plan. I appreciate the concise summaries presented in the Takeaways throughout the interview. Both the interviewee and interviewer were exceptional, and I look forward to similar engaging discussions in the future.
This was an outstanding and insightful interview. You did a good job of facilitating him through his most notable findings from his books and experience, and he did a great job of staying very consistent with his message. This is quite a lot of food for thought; thank you for hosting this interview!
This is worth watching a thousand times ❤❤
This was a really slow burner episode, it's very different from Lenny's other episodes, this is probably my Lenny of the Year Episode (I know to early to tell).
It was an excellent episode, Lenny and Richard Rumelt! Thank you so much. It's been a huge pleasure to watch it in its entirely.
Full of insights and clarification on strategy and other subjects.
Be sure to check it out!
I cringe every time a leader talks about "strategy", and they just state a desired goal or objective with no plan to get there whatsoever.
Thanks for this. There's some really good ideas here. As a strategic approach/framework, Roger Martin's and AG Lafley's "Playing to win" is a much clearer way to create a winning strategy.
One of your best!
Thanks, Lenny and Richard.
Great interview! Immediately bought the book Good strategy Bad strategy 🎉
Freaking masterclass on strategy. One of the best episodes...
I've just discovered your podcasts (thanks to Roger Martin). There are really, really great, largely above the competition
Thank you!
@@LennysPodcast under the video with Roger a couple of people asked how his work fit with Rumelt's.
I replied that Roger has explained this on one of his Medium posts but I can't see my comment.
did you delete it? is it YT? (because I mentioned another platform, though I did not add a link)
@@cesareborgia6431 I haven't deleted any comments. I wonder if TH-cam removed them for some reason. Will see if I can track that down. Freaky!
@@LennysPodcast I've noticed that YT tends to delete comments with links that are not other YT videos... 😞that's why I just mentioned the name of the platform.
@@cesareborgia6431 That's crazy. I just looked and couldn't find anything that showed me these videos that it's removing. What if you try posting that reply again?
Brilliant .....Very Insightful
Great episode! Only wish the microphone on Prof. Rummelt side was a little bit better
Yeah, I know what you mean. We give guests a lot of guidance on how to set things up well, and even ship them a mic if they want. But still doesn't always end up being amazing. It's been a lot worse, fwiw.
Thank you for this episode
This was life changing!
Very actionable learnings. Thank you!
Great one! It would also be interesting to have the author Thinking In Bet Annie Duke on the podcast - eventually, all strategic decisions are sort of bets.
She's coming on in a couple of months 🙌
great interview lenny
One of the best episodes!
Amazing, full of wisdom.
This is gold😮
Deeply appreciate the interview. Finally know what strategy means
So what is it then?
Strong “My Greek Fat Wedding” vibes when he said it comes from the Greek “Stratikos” -there you go. 😂❤
This is great
Was so difficult to listen and even more difficult to understand an answer on every question. For example I had to listen "example of a good strategy" 3 times before I could figure out an answer. Really surprised by the commenters who wrote "the best interview". Definitely it's not the best one. I wished I could listen and extract value, but I can't.
Do you looking for Video Editor?
Good insights but could have compressed to half to 1 hour. After a point it felt very repetitive.