So you want to learn Business Strategy?
(Last updated: 20 October 2022)
Strategy is mostly around creating competitive advantage/ moats/ secrets (what Thiel calls it). Here are a bunch of frameworks/books to think about the same
Frameworks from some of my fav books on Strategy
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Thiel’s 7 questions: He explains how Tesla is different from other clean tech companies (check the end of the post). Zero to One is a must read if you work in startups/planning to startup.
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Hamilton’s 7 powers: Scale economics, Network economics, Counter positioning, Switching cost, Branding, Cornered resources, Process power. Something you should read if you are interested in business strategy.
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Munger’s 5 elements which create moats: Supply-Side Economies of Scale and Scope, Demand-Side Economies of Scale (Network Effects), Brand, Regulation, Patents and Intellectual Property.
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Platform revolution has a bunch of frameworks to think about how to build and grow a platform. It is highly relevant if you are working in a startup in the on demand space.
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Blitzscaling is a good read if you want to understand how to build hyper growth business. It also has a lot of frameworks for growth: things which can turbocharge it or limit it.
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Only the Paranoid Survive is a great playbook on surviving 10X changes and has lot of war stories from Intel.
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Obviously Awesome is one of the best books on product positioning.
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Blue Ocean Strategy is one of the first strategy books I ever read.
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My fav one: Understanding Michael Porter If you read this one you don’t need to read another strategy book.
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Competing Against Luck: Customers don’t buy products or services; they “hire” them to do a job.
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Playing to Win: Strategy is about making specific choices to win in the marketplace.
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Good Strategy Bad Strategy: The most basic idea of strategy is the application of strength against weakness.
Honorary mentions: Good to great, Built to last, Blue Ocean Strategy, The Innovator’s Dilemma I read them long back. Have to re read and take notes.
Additional reads
- Good Product Strategy, Bad Product Strategy
- Strategy and Tactics
- How to Master the Craft of Strategy
- Can You Say What Your Strategy Is?
- The Five Competitive Forces That Shape Strategy
- Spolsky’s Strategy Letters
- Commoditizing your complement
- A Taxonomy of Moats
- Aggregation Theory
- How to Define Your Product Strategy, 12 part series
- Know Your Customers’ “Jobs to Be Done”
- All Strategy Is Local
- Measuring the Moat
- Taxonomy of Moat Destruction
- Functionalization Theory
- A Dozen Things I’ve Learned About Strategy, Business and Investing From Michael Porter
- What is Good Product Strategy?
- 6 Steps to Make Your Strategic Plan Really Strategic
- Your Strategic Plans Probably Aren’t Strategic, or Even Plans
- WTF is Strategy?
- The pyramid of clarity
- Strategic Balanced Scorecard
- How to be Strategic
- Four fits for 100M+ growth
- How to Run a Quarterly Product Strategy Meeting
- A Guide to Strategic Planning
- The Art of the Strategic Product Roadmap
- Don’t Let Process Distract You From Finding Strategy
- The value Stack
- 20 powerful and usually underrated competitive advantages
- Getting better at product strategy thread
- The What, Who, How, and Why
- The Category Design Scorecard
- Strategy as Problem-Solving
- Lenny’s workshop on product strategy & vision
- Strategy questions you need to answer for B2B products
- The Secret to a Great Planning Process — Lessons from Airbnb and Eventbrite
- The Product Strategy Stack
- GLEe by Gibson Biddle
- How to Build Actionable Strategies
- Connecting the Dots: From Vision to Execution
- Finding Power
- “The value chain” is the DNA of business
Masterclass I completed on Business Strategy: Bob Iger teaches Business Strategy and Leadership
Books I plan to read in the future
- Thinking Strategically
- Turning the Flywheel
- Play Bigger: How Pirates, Dreamers, and Innovators Create and Dominate Markets
- Positioning: The Battle for Your Mind
- The Lords of Strategy
- Great by Choice
- Modern Monopolies
- Boyd: The Fighter Pilot Who Changed the Art of War
- Crossing the Chasm
- Wardley maps
- The Strategy Paradox
- Competition Demystified
- Strategy Beyond the Hockey Stick
- Certain to Win
- The Luxury Strategy
- The End of Competitive Advantage
- Seven Strategy Questions: A Simple Approach for Better Execution