What is Strategy?

If you only read one book this year, read this one (twice):

Understanding Michael Porter: The Essential Guide to Competition and Strategy

– by Joan Magretta

Seriously, its a concise but accessible introduction to Michael Porter's work on Competition and Strategy.

Michael Porter's Strategy Checklist:

And, don't forget:

References:

• Michael Porter: What is Strategy?
• Michael Porter: Insights by Michael Porter at the World Business Forum
• Eric Ries: The Lean Startup
• Rob Ferguson: The Five Ws (Who, What, Where, When and Why)
• Rob Ferguson: The Magical Number 7 (plus or minus two)