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A startup can implement the "focused action" strategy by first simplifying and focusing its processes. This involves identifying the key areas that need attention and concentrating resources on them. The startup should then wait for the perfect opportunity to leverage these focused actions for growth. This strategy requires patience and a clear understanding of the startup's strengths and weaknesses.
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Even some of the world’s biggest organizations do strategy poorly, and incorrectly credit their success to personal decision-making skills. We read th...
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Jobs made (necessary) cuts across the board, simplifying and focusing the company's processes. Jobs took 'focused action'—something that is all too rare in business, writes Rumelt. He first steadied the ship and then stood poised and waited for the perfect opportunity to explode the company into life again.
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