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Isn't strategy the answer to the how question? Why is usually called "vision", even though in many cases it amounts to "making money with the tools and knowledg
by tgv 5y ago
Isn't strategy the answer to the how question? Why is usually called "vision", even though in many cases it amounts to "making money with the tools and knowledge we have."
- blowski 5y agoI define strategy as how you are going to leverage your strengths and overcome your weaknesses (in comparison to competitors) in order to achieve your vision.
- icegreentea2 5y agoFrom a top down perspective, strategy is a how. As you say, it is how you accomplish your vision. But from a bottom up (implementation) standpoint, it can also be a why. Why are you doing these particular actions? As part of the strategy to accomplish the goal. A well articulated strategy acts as a linking layer between ultra-high level goals and lower level decisions. We don't expect all actors in a large enough organization to re-derive all of their plans from first principles (nor do we want them to always do that), so a well defined strategy is essentially a pre-determined framework to operate in.