Business
Strategy Beyond the Hockey Stick
by Chris Bradley · 2024 · 256 pages
★4.47· 289 ratings
Strategy Beyond the Hockey Stick
The social side of strategy hinders big moves and bold decisions
Strategy isn't the only thing that's at stake here. Jobs—even careers—are on the line, too. Human nature complicates strategy. In the strategy room, personal agendas, risk aversion, and cognitive biases often overshadow rational decision-making. Executives may prioritize job security over bold moves that could benefit the company. This leads to: Overcoming social dynamics is crucial. To make big moves and bold decisions, companies must address these human factors by: Companies in the top quintile capture nearly 90 percent of the economic profit created, averaging $1.4 billion annually.
Lesson 1: The social side of strategy hinders big moves and bold decisions
This principle from Strategy Beyond the Hockey Stick is backed by Chris Bradley's extensive research and real-world examples. Understanding it deeply can shift how you approach decisions, relationships, and long-term planning in meaningful ways.
Lesson 2: Economic profit reveals a Power Curve of corporate performance
This principle from Strategy Beyond the Hockey Stick is backed by Chris Bradley's extensive research and real-world examples. Understanding it deeply can shift how you approach decisions, relationships, and long-term planning in meaningful ways.
Lesson 3: Industry trends and geography significantly impact company success
This principle from Strategy Beyond the Hockey Stick is backed by Chris Bradley's extensive research and real-world examples. Understanding it deeply can shift how you approach decisions, relationships, and long-term planning in meaningful ways.
How to Apply Strategy Beyond the Hockey Stick's Lessons
The real value of Strategy Beyond the Hockey Stick lies in its applicability. After reading, the most important step is identifying which of Chris Bradley's principles speak most directly to your current situation.
Consider keeping a journal while reading — noting where the ideas challenge your current approach and where they confirm what you already suspected. The friction of your own resistance often points to the most important insights.
Key Quote
"The social side of strategy hinders big moves and bold decisions" — Chris Bradley, Strategy Beyond the Hockey Stick
About the Author
Chris Bradley is the author of Strategy Beyond the Hockey Stick. The book reflects years of research, observation, and synthesis of evidence from multiple disciplines.