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> It's even tricky to define "strategic," A strategy is a framework for making decisions to accomplish a goal. Strategic decisions are the highest level decisi
by jncfhnb 2y ago
> It's even tricky to define "strategic,"
A strategy is a framework for making decisions to accomplish a goal. Strategic decisions are the highest level decisions made to enable that framework.
> A useful framing is that strategic moves are still about optimizing profitability, but they're also a way to give future management more tools for doing so at a later date.
No they aren’t. Optimizing profitability doesn’t need to feature in goals.
- kurthr 2y agoYeah, the problem is that different people/groups in a company have different long term goals and thus want different strategies. Since the CEO is often setting them, "line go up" and 3-4 years align pretty well with incentives. Of course you have to put pretty words around them because everywhere but crypto feels a need to hide this. Sometimes you get weirdos who want to help a community, build big things, or keep customers more than 5 years, but those aren't the majority.
- charles_f 2y agoYes! The way I usually define strategy is "the logic used to achieve a goal". > No they aren’t. Optimizing profitability doesn’t need to feature in goals. For the majority of corporate people, that's the only goal imaginable. Everything is just a sub-point to that. When you observe that what you consider 'strategic' is always linked to profitability, that's an easy conclusion to draw