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Biweeklycast
Biweeklycast
65 episodes
2 weeks ago

Friendly discussions about life, business, engineering, and learning between Dima Malenko and Slava Rudnytskyi.

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Management
Business
RSS
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Friendly discussions about life, business, engineering, and learning between Dima Malenko and Slava Rudnytskyi.

Show more...
Management
Business
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Strategy
Biweeklycast
26 minutes 51 seconds
1 month ago
Strategy

📺 Watch this episode on YouTube.

Dima and Slave talk about what strategy is and what strategy isn’t.

  • From Wikipedia: Strategy is a general plan to achieve one or more long-term or overall goals under conditions of uncertainty.
  • Dima’s characteristics of a strategy
    1. Multi-step plan, a “pattern of decisions”
    2. Built on a particular world view
    3. Aims at global (long-term) maximum
    4. Does not rely on competitors making favourable choices
    5. Requires agency and ability to execute
  • Different flavours of strategy: business strategy, product strategy, etc
  • Not every entity needs a strategy

Vision without execution is a daydream. Execution without vision is a nightmare.

Biweeklycast

Friendly discussions about life, business, engineering, and learning between Dima Malenko and Slava Rudnytskyi.