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A giant Russian tanker ablaze in the Bering Sea about to create the world's worst eco-disaster—and not just from the oil In the Bering Sea, Bennkah, the largest oil tanker ever built, newly commissioned in Vladivostok, Russia, is on its maiden voyage. Well-respected Captain Nicholas Borodin is at the helm, and for a reason only he knows, his agitation is palpable. Soon an engineer discovers a defect—seemingly minor, but one with disastrous potential. Despite his attempts to correct the problem, a fire erupts, contained at first, then rapidly spreads out of control, consuming the behemoth tanker. A Mayday call alerts Captain Sonny Wade some two hundred miles from the burning ship. This could be the lifeline that Sonny and his ragtag crew need to save their failing salvage business. But Dal Sharpe, Sonny's nemesis and former employer—the owner of the largest salvage business in all of the northwest—also hears the call. A heart-stopping race is on to claim the hulk before it contaminates the entire north Pacific Rim. But Sonny learns there's more at stake than anyone realizes—a catastrophe of monstrous proportions. Perfect for fans of Tom Clancy and Clive Cussler
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Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world. Developing and implementing a strategy is the central task of a leader. A good strategy is a specific and coherent response to—and approach for—overcoming the obstacles to progress. A good strategy works by harnessing and applying power where it will have the greatest effect. Yet, Rumelt shows that there has been a growing and unfortunate tendency to equate Mom-and-apple-pie values, fluffy packages of buzzwords, motivational slogans, and financial goals with “strategy.” In Good Strategy/Bad Strategy, he debunks these elements of “bad strategy” and awakens an understanding of the power of a “good strategy.” He introduces nine sources of power—ranging from using leverage to effectively focusing on growth—that are eye-opening yet pragmatic tools that can easily be put to work on Monday morning, and uses fascinating examples from business, nonprofit, and military affairs to bring its original and pragmatic ideas to life. The detailed examples range from Apple to General Motors, from the two Iraq wars to Afghanistan, from a small local market to Wal-Mart, from Nvidia to Silicon Graphics, from the Getty Trust to the Los Angeles Unified School District, from Cisco Systems to Paccar, and from Global Crossing to the 2007–08 financial crisis. Reflecting an astonishing grasp and integration of economics, finance, technology, history, and the brilliance and foibles of the human character, Good Strategy/Bad Strategy stems from Rumelt’s decades of digging beyond the superficial to address hard questions with honesty and integrity.