What does a good business strategy look like?

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Accepted Answer

Good strategy is coherent action, backed up by an argument. Rumelt’s book offers three essential guideposts, 1) a diagnosis, 2) a guiding policy, 3) Coherent Action. Good strategy is simple, but not simplistic. If you want a deeper look at what strategy is, see our post here https://www.strategykiln.com/post/what-the-heck-is-strategy