Strategy

    “No sensible decision can be made any longer without taking into account not only the world as it is, but the world as it will be.”

    -Isaac Asimov

    #Quotes

    Remember: “Mistakes” are inevitable. They’re how we discover what does or doesn’t work (albeit sometimes quite viscerally).

    It’s how we respond to mistakes that defines our success.

    Some of the best advice I ever received from a manager:

    “Hope? I get to ‘hope’. You need a plan.”

    Make sure you always have a plan.

    It’s about being prepared and staying agile in a fluid environment. Think about the future. Anticipate challenges. Identify potential risks before they become problems.

    Sometimes simply writing things down and then methodically reviewing your lists can be a superpower.

    Remember to always ask “how will this simplify things?”

    For example: before you buy that retro mechanical keyboard that looks exactly like your childhood Commodore 64.

    A good strategy (according to Rumelt) has 3 parts:

    1. The diagnosis - framing the challenge

    2. The guiding policy - the approach to dealing with the issues in the diagnosis

    3. Coherent Actions - the actions, resource commitments, and policies needed to carry out the guiding policy

    Strategy is a cohesive response to an important challenge (Richard Rumelt).

    This is a phenomenal distillation of the concept.