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The five strategic questions laid out by Lafley and Martin in their book "Playing to Win: How Strategy Really Works" are as follows:
1. What is our winning aspiration?
2. Where will we play?
3. How will we win?
4. What capabilities must we have in place to win?
5. What management systems are required to support our choices?
You asked about the other three questions. They are "What is our winning aspiration?", "What capabilities must we have in place to win?", and "What management systems are required to support our choices?". These questions help to define the organization's purpose, identify the necessary skills and resources, and establish the systems needed to implement the strategy effectively.
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Lafley and Martin lay out the simple steps of strategy in the form of five questions, the most important of which are "Where to play?" and "How to win?" Once those decisions are made, develop the core capabilities and management systems to support them. Use this book summary as a guide to set a competitive business strategy and distinguish your organization from others.
Asked on the following book summary:
Are you playing the game or are you playing to win? Develop a winning strategy for your organization with a recipe for success from former Procter & G...
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