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Podcast: Biweekly
Episode:

Strategy
Category: Business
Duration: 00:26:51
Publish Date: 2025-10-16 23:41:21
Description:

 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.
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