flâneur

Hoàng Nguyễn

6 followers · 6 following · 280 views

on the atlas — 2

highlights — 4

  • A strategy is a high-level plan to achieve one or more goals under conditions of uncertainty, designed through recognizing the challenge (diagnosis), setting a direction to overcome it (guiding policy), and detailing steps to implement the policy (coherent actions).
    In Defense of Strategy - Not Boring by Packy McCormick
  • When Ben Rollert and I told Breather’s exec team that we were going to spend Christmas break 2017 coming up with a strategy to improve our margins in the face of competition from WeWork and Knotel, our CTO, Ben Nevile, told us to read Good Strategy Bad Strategy by Richard Rumelt. Great rec. It’s my favorite strategy book because it was so easy to put into practice, and because I recognized so many of the characteristics of bad strategy. Here are a few: Mistaking Goals for Strategy: A classic. “Our strategy is to grow revenue by 50% while improving gross margins by 200 bps.” Cool cool… how thou…
    In Defense of Strategy - Not Boring by Packy McCormick
  • Every startup has a window of time during which they must simultaneously build something worth defending and build defenses around it. For new startups, strategy is deciding how to use the window wisely. It’s about directing your limited resources towards digging moats before you’ve removed enough uncertainty to attract serious competition. Like moats, strategy is often thought of as something that bigger companies need to worry about, when they have to coordinate thousands of people and defend against dozens of competitors. Most of the strategy literature is written for those bigger companies…
    In Defense of Strategy - Not Boring by Packy McCormick
  • What he’s really done is he’s created this immense vertical filing cabinet in his brain of layers and layers and layers of files of information that he can draw back on now for more than 70 years worth of data.
    Curius / Onboarding