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maffyoo | 5 months ago

execute what though?

by far the best content on strategy I have read is Peter Compo, a point he repeatedly makes is that the whole execution argument is meaningless without a strategy (and its many tactics, plans, compromises) to execute. So, what are you executing?

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andrewflnr|5 months ago

Execute basics like making a good product, answering your customer emails, keeping up on the utilities, etc. Basics you know you'll have to do regardless of strategy.

heymijo|5 months ago

There's an old Drucker quote "there's nothing so useless as doing efficiently that which should not be done at all."

If you're in the wrong market or building for the wrong customers you can execute brilliantly on everything you mentioned and it won't matter. The only thing that matters is product market fit or finding it if you don't have it. That's what I see as unsaid in your parent's comment about "execute what though?"

maffyoo|5 months ago

How do you decide what the basics are? maybe you should outsource answering customer emails instead of spending time doing them yourself? The basics is not a differentiator; strategy is. At best the basics is just a fitness measure of strategy. "Can I still do all the essential non-functional stuff, I must do, whilst pursuing my most valued goals?"

Strategy is about choosing how to achieve a goal, all the tactics, fitness measures/metrics, compromises, challenges to overcome but it's also the goal itself. Strategy should guide you, your tactics at play to deliver your ultimate goal. Execution is just doing that stuff hopefully focussing on the stuff that matters most.