The guiding policy mentioned in the content refers to a strategic approach or a set of rules that guide actions towards achieving a specific goal. In the given context, George Kennan, an American diplomat, used his understanding of the Soviet ideology to formulate a guiding policy. He proposed treating the Soviet ideology as a virus that needed to be contained until it naturally dies out. This policy was based on his observation that the Soviets positioned themselves explicitly against capitalism.
In a broader business context, a guiding policy could be a company's mission statement or a strategic plan that directs all decision-making and actions. It sets the stage for focused action by providing a clear direction and a framework within which to operate.
Even some of the world’s biggest organizations do strategy poorly, and incorrectly credit their succ...
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