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RR

Richard Rumelt

01/21/24

@ Lenny's Podcast

When developing a strategy, it's essential to have one decider in the organization to make clear choices about priorities.

Video

LP

Good Strategy, Bad Strategy | Richard Rumelt

@ Lenny's Podcast

Good Strategy, Bad Strategy | Richard Rumelt

01/21/24

Related Takeaways

CH

Claire Hughes Johnson

03/05/23

@ Lenny's Podcast

In decision-making, it's crucial to make the process explicit, identifying who is responsible for the decision and the criteria for making it.

RR

Richard Rumelt

01/21/24

@ Lenny's Podcast

The process of developing a strategy should involve gathering diverse perspectives and identifying key challenges to focus on.

JB

Jeff Bezos

12/15/23

@ Lex Fridman

Most decisions in a company should be made quickly by individuals or small teams, while one-way door decisions should be elevated to senior executives for careful consideration.

QY

Qasar Younis

05/15/25

@ Uncapped with Jack Altman

Decisiveness is crucial as a leader; you must make decisions without all the information, and they need to be right.

QY

Qasar Younis

05/15/25

@ Uncapped with Jack Altman

Decisiveness is crucial as a leader; you must make decisions without all the information, and they need to be right.

CH

Claire Hughes Johnson

03/05/23

@ Lenny's Podcast

If you're unsure who the decision maker is, it's likely you. It's better to act decisively than to slow down the company by following a process without making a decision.

RC

Ron Conway

10/27/13

@ Y Combinator

Decisiveness is vital for founders; they need to make quick decisions about hiring and firing to maintain momentum and morale within their company.

SA

Sam Altman

02/24/18

@ Y Combinator

I think it's important for founders to prioritize effectively, focusing on a few key areas while allowing less critical issues to be managed by others.

CR

Chad Rigetti

09/30/16

@ Y Combinator

As a founder, it's crucial to balance the development of products with the capabilities needed to bring those products to market, creating organizational clarity.