3 ms·
“Strategy is choosing what not to do” is the standard trope. Start-ups sorta get this already: focus on a core base of customers who love your product despite
by Dwolb 7y ago
“Strategy is choosing what not to do” is the standard trope.
Start-ups sorta get this already: focus on a core base of customers who love your product despite its flaws. Iterate.
The insight I liked best in this article was, “In contrast, top executives should resist the temptation to decide what projects live and die within their firms. Strategy implementation requires top managers to design the company’s internal system that does the selection for them.”
So much your job as an exec is to design the system that gives others enough context and autonomy to flourish.
And hopefully over time that system continues to improve itself.
- hef19898 7y agoSecond this. If execs don't build a system that enables people employees are simple tools. Sure, execs like the superficial control that comes with it. Yet, it doesn't serve customers, employees nor the company and its execs.
- luckydata 7y agothat's not strategy though, that's a process to inform a strategy.
- chiefalchemist 7y agoI don't disagree with you per se. But perhaps it's a strategy that yields a process, which aims to yield more strategy? Part recursive. Part dog-fooding.