Does your business have a strategic plan? According to Walter Kiechel III, it is largely because of the concepts developed by the Lords he writes about in this recent volume. Written more as a commentary than a work of history, Kiechel works hard to make the case that strategy in business is a recent phenomenon.
This is not a how-to book on corporate strategy. The author tells some great stories. If you were ever wondering where Boston Consulting Group’s Matrix, the McKinsey 7-S framework and Michael Porter’s Value Chain come from, look no further. Those of us that are practitioners of strategy tend to take these ideas for granted. Kiechel takes the time to explain their history and relevance with a great balance of business insight and the soul of an intellectual.
This is one of the must read business books of 2010. No matter where you are in your career, reading this book will give you a great understanding of contemporary business thinking.