My favorite books for aspiring strategic thinkers

Why am I passionate about this?

I have devoted my career to helping leaders navigate challenging transitions into new roles, build their teams, and transform their organizations. Strategic thinking is a key foundation of my work as an executive coach and advisor at Genesis Advisers and a professor at the IMD Business School. Whether executives are taking new roles or driving large-scale transformations, they must be able to rapidly analyze the context, craft good visions and strategies, and mobilize people to realize them. I try to equip the leaders I work with with the mental frameworks, tools, and skillsets to adapt and succeed in the first 90 days and beyond.


I wrote...

The Six Disciplines of Strategic Thinking: Leading Your Organization Into the Future

By Michael D. Watkins,

Book cover of The Six Disciplines of Strategic Thinking: Leading Your Organization Into the Future

What is my book about?

In today's turbulent economic, political, and social landscape, strategic thinking is essential for success. To enable their organizations to thrive amid the chaos, leaders must focus on what really matters and make the right decisions at the right times in the right ways for the right reasons.

Strategic thinking consists of the mental disciplines that leaders use to recognize emerging threats and opportunities, establish the right priorities, and mobilize their organizations to envision and enact promising paths forward. To build strategic thinking capability in themselves and their teams, leaders must foster an environment that encourages collaborative inquiry, embed strategic thinking in their operating rhythms, and invest in programs and tools that enhance their ability to shape the future.

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The books I picked & why

Book cover of Good Strategy Bad Strategy: The Difference and Why It Matters

Michael D. Watkins Why did I love this book?

I really appreciated Rumelt's practical approach to creating strategies. As he points out, too often, strategies can not be clear enough or get overly complex.

I liked how his book went beyond the surface level to focus on what matters–identifying the core challenges, crafting actionable responses, and leveraging strengths to create competitive advantage. This aligns with the advice I give to the leaders I coach and educate about the importance of strategic focus and thinking. That’s why we assign this book in the executive programs we teach.

By Richard Rumelt,

Why should I read it?

7 authors picked Good Strategy Bad Strategy as one of their favorite books, and they share why you should read it.

What is this book about?

When Richard Rumelt's Good Strategy/Bad Strategy was published in 2011, it immediately struck a chord, calling out as bad strategy the mish-mash of pop culture, motivational slogans and business buzz speak so often and misleadingly masquerading as the real thing.

Since then, his original and pragmatic ideas have won fans around the world and continue to help readers to recognise and avoid the elements of bad strategy and adopt good, action-oriented strategies that honestly acknowledge the challenges being faced and offer straightforward approaches to overcoming them. Strategy should not be equated with ambition, leadership, vision or planning; rather, it is…


Book cover of Thinking, Fast and Slow

Michael D. Watkins Why did I love this book?

I found this book fascinating because it helped me understand how our brains work, especially when to trust gut-driven judgments and when to question them. This informed writing I was doing on pattern recognition and its importance in strategic thinking.

Leaders have to make judgment calls quickly, but it's important to know when one’s thinking isn't reliable enough. Learning about the two contrasting thinking systems helped me be more thoughtful about my own choices and how to advise the leaders I coach and educate about making better decisions.

By Daniel Kahneman,

Why should I read it?

41 authors picked Thinking, Fast and Slow as one of their favorite books, and they share why you should read it.

What is this book about?

The phenomenal international bestseller - 2 million copies sold - that will change the way you make decisions

'A lifetime's worth of wisdom' Steven D. Levitt, co-author of Freakonomics
'There have been many good books on human rationality and irrationality, but only one masterpiece. That masterpiece is Thinking, Fast and Slow' Financial Times

Why is there more chance we'll believe something if it's in a bold type face? Why are judges more likely to deny parole before lunch? Why do we assume a good-looking person will be more competent? The answer lies in the two ways we make choices: fast,…


Book cover of The Art of Thinking Clearly

Michael D. Watkins Why did I love this book?

This book deepened my understanding of cognitive biases, complementing what I learned by reading the prior recommendation and giving me more insight into how they can contribute to bad decisions. I realized even more deeply how important it is to think carefully and critically when facing complex problems.

I came away from reading this book trying to do a better job of stepping back, challenging my assumptions, and not acting on my first impressions. It contributed to the work I was doing on structured team problem-solving. It also helped me to help the leaders I work with to understand that their intuition often isn’t based on solid thinking.

By Rolf Dobelli,

Why should I read it?

1 author picked The Art of Thinking Clearly as one of their favorite books, and they share why you should read it.


Book cover of Decisive: How to Make Better Choices in Life and Work

Michael D. Watkins Why did I love this book?

This book helped me understand more about the causes of bad decisions and how to overcome them, which was important for the work I was doing on structured team problem-solving.

I especially liked the focus on framing problems well, which contributed to the recent Harvard Business Review article I wrote with a colleague on approaches to reframing problems. I also gained more insight into common decision traps and how to avoid them, which was helpful in my work with leaders taking on challenging new roles. 

By Chip Heath, Dan Heath,

Why should I read it?

3 authors picked Decisive as one of their favorite books, and they share why you should read it.

What is this book about?

Just making a decision can be hard enough, but how do you begin to judge whether it's the right one? Chip and Dan Heath, authors of #1 New York Times best-seller Switch, show you how to overcome your brain's natural shortcomings.

In Decisive, Chip and Dan Heath draw on decades of psychological research to explain why we so often get it very badly wrong - why our supposedly rational brains are frequently tripped up by powerful biases and wishful thinking. At the same time they demonstrate how relatively easy it is to avoid the pitfalls and find the best answers,…


Book cover of Zero to One: Notes on Startups, or How to Build the Future

Michael D. Watkins Why did I love this book?

I liked that this book highlighted how supposedly tried-and-true approaches to innovation fail to deliver results.

The book’s insights about how to drive radical innovation informed the advice I now give executives about how to approach organizational transformation, starting with an ambitious vision, communicating the “why,” and enlisting great people to go on the journey with them.

It helped me to understand that building organizations to develop disruptive technologies requires leaders to envision things that may sound crazy until they are realized. 

By Peter Thiel, Blake Masters,

Why should I read it?

5 authors picked Zero to One as one of their favorite books, and they share why you should read it.

What is this book about?

What Valuable Company Is Nobody Building? The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won't make a search engine. If you are copying these guys, you aren't learning from them. It's easier to copy a model than to make something new: doing what we already know how to do takes the world from 1 to n, adding more of something familiar. Every new creation goes from 0 to 1. This book is about how to get there. "Peter Thiel has built multiple breakthrough companies, and Zero to One shows how". (Elon…


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Who Will Take Care of Me When I'm Old?: Plan Now to Safeguard Your Health and Happiness in Old Age

By Joy Loverde,

Book cover of Who Will Take Care of Me When I'm Old?: Plan Now to Safeguard Your Health and Happiness in Old Age

Joy Loverde

New book alert!

What is my book about?

Everything you need to know to plan for your own safe, financially secure, healthy, and happy old age.

For those who have no support system in place, the thought of aging without help can be a frightening, isolating prospect. Whether you have friends and family ready and able to help you or not, growing old does not have to be an inevitable decline into helplessness. It is possible to maintain a good quality of life in your later years, but having a plan is essential. Who Will Take Care of Me When I'm Old? Equips readers with everything they need to prepare on their own:

Advice on the tough medical, financial, and housing decisions to come Real solutions to create a support network Questions about aging solo readers don't know to ask Customizable worksheets and checklists that help keep plans on course Guidance on new products, services, technology, and resources

Who Will Take Care of Me When I'm Old?: Plan Now to Safeguard Your Health and Happiness in Old Age

By Joy Loverde,

What is this book about?

For those who have no support system in place, the thought of aging without help can be a frightening, isolating prospect. Whether you have friends and family ready and able to help you or not, growing old does not have to be an inevitable decline into helplessness. It is possible to maintain a good quality of life in your later years, but having a plan is essential. WHO WILL TAKE CARE OF ME WHEN I'M OLD? equips readers with everything they need to prepare on their own:

* Advice on the tough medical, financial, and housing decisions to come
*…


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