Manhattan Bridge under construction-1909

Strategy vs. Execution: What is strategy anyway?

Forrest ChristianChange Leave a Comment

Let’s continue our look at strategy vs. execution with a further look at what strategy is. Most business people seem to use “strategy” to mean “reasons that we do something” or “basis for our decision-making”. Execution builds the car while strategy says what car to build, or whether you should build a car at all at this time. You can …

Marine Sgt. at New Orleans, La. By Howard R.Hollem. Library of Congress collection via Flickr.

Strategy or Execution? First you have to define what you mean

Forrest ChristianStrategy Leave a Comment

(123rf.com) I’m always entertained by articles in the Strategy vs. Execution debate. Is a great strategy the most important thing or is it flawless execution? Ken Favaro (“with Evan Hirsh and Kasturi Rangan”) tackled the topic in strategy+business recently (“Strategy or Execution: Which Is More Important?“). The subtitle gives away the plot: “Many business leaders think they’d rather have great …