Incomplete thoughts, published for discussion, easy to read on any device, including print.
- What is strategy? A fractal answer.
I. # Strategy is: How we will win. II. # Strategy… assesses the current situation, identifies the opportunities that are right for us, then determines our primary courses of action and guiding principles …so that we win. III. # Strategy… assesses the current situation externally1 and internally2, and uncovers the difficult truths, no matter how brutal, then identifies our primary challenge that we must overcome, the latent growth opportunities3, our assets and capabilities that give us leverage4, and potential moats that create durable competitive advantage, which together determines the subset of opportunities that are ideal for us5 and our constraints6 and the competitive moats that we will create, by executing our primary courses of action and adhering to our guiding principles7, which combined with excellent execution will result in a stated vision.