There are lots of books in the world, but choosing the right books for us is very difficult. In this post, there are the 5 best business strategy books mentioned which are mostly recommended by famous persons in this world.
IMPORTANT: All buying links are also provided if you want to support my blog posts kindly purchase these books from the buy link.
1. THE ART OF STRATEGY: A GAME THEORIST'S GUIDE TO SUCCESS IN BUSINESS AND LIFE
Authors - Avinash K Dixit and Barry J. Nalebuff
Published - 2008
About the book:-
- This book contains game theory which means difficult strategic thinking. This book is an engaging, comprehensive guide to strategies as applied to everyday life.
- The book focuses on standard game theory, graphical notations for various problems, and the application of the prisoners' dilemma to everyday situations.
- The book concentrates more on everyday and business problems and strategies to achieve optimal solutions.
- The book describes various approaches to political negotiation.
- This book has a set of exercises to try out your newly-gained understanding.
Rating:-
Amazon- 4.5/5
Goodreads- 3.8/5
Buy Link- click here
2. GOOD STRATEGY/BAD STRATEGY: THE DIFFERENCE AND WHY IT MATTERS
Author - Richard P. Rumelt
Published - 2011
About the book:-
- This book provides too many strategies and a clear way to create and implement a powerful action in business and everyday life.
- This book helps you to wake up to the dramatic difference between good strategy and bad strategy and to give you a leg up toward crafting good strategies.
- In this book, there are lots of detailed examples of big known companies' good strategies and bad strategies.
- In this book, a good strategy has an essential logical structure Rumelt called the kernel, which contains three elements: a diagnosis, a guiding policy, and coherent action.
- This book helps you to gain a facility with the structure and fundamentals of a good strategy, you will develop the parallel ability to detect the presence of a bad strategy.
Rating:-
Amazon- 4.5/5
Goodreads- 4.1/5
Buy Link- click here
3. PLAYING TO WIN: HOW STRATEGY REALLY WORKS
Author - Alan G. Lafley and Roger Martin
Published - 2013
About the book:-
- If you want to know the real meaning of strategy then this book is really helpful for you. The playbook provides us with five choices, one framework, and one process which we can use to work on the product strategy.
- In this book, strategy is defined as a coordinated and integrated set of five choices: a winning aspiration, where to play, how to win, core capabilities, and management systems.
- This book helps you to create choices of the discipline of strategic thinking and practice within an organization.
- This book would be better understood by working managers, especially in the FMCG industry as most of the examples are related to P&G, and students studying business administration.
- This book is clearly and concisely written, it makes many valuable points simply and unobtrusively.
Rating:-
Amazon- 4.5/5
Goodreads- 4/5
Buy Links- click here
4. COMPETITIVE STRATEGY: TECHNIQUES FOR ANALYZING INDUSTRIES AND COMPETITORS
Author - Michael E. Porter
Published - 1980
About the book:-
- This book is informative and comprehensive that delves into the theory, practice, and teaching of business strategy all over the world.
- This book evaluates a general analytical framework to correctly analyze the structure of an industry and its competitors.
- This book is dedicated to implementing this framework in a wide array of industries and environments.
- In this book, the author has given the characteristics of pioneer, growth, mature, and declining industry and what drives the competition in these industries.
- Must read this book for the serious investor who wants to analyze the industry and companies before making his/her decision.
Rating:-
Amazon- 4.6/5
Goodreads- 4.2/5
Buy Link- click here
5. BUSINESS STRATEGY: A GUIDE TO EFFECTIVE DECISION-MAKING
Author - Jeremy Kourdi
Published - 2015
About the book:-
- This is a very good strategy book, it provides a succinct and easy-to-read book on the subject, and provides good examples to help illustrate ideas.
- This book is very well structured and considers strategies from many different vantage points.
- This book starts off by outlining different approaches and viewpoints to strategy such as 'the administrator', 'visionary thinker', etc.
- If you do not have a lot of experience this is a wonderful book to help you better understand business strategy.
- Many good points and coverage of the entire concept with great practical work, particularly useful inter terms of critical questions which is useful in day-to-day strategy work.
Rating:-
Amazon- 4.5/5
Goodreads- 3.8/5
Buy Link- click here
I hope you choose your first book, tell us in the comment which book is you going to start. And also the most important thing to support my blog post, purchase these books from the given buy links. Thanks for reading.
Sources: Audience reviews