How important is having a strategy?

in steem •  6 years ago 

This topic came about after listening to Ned last night.It became fairly clear by his answer that he flies by the seat of his pants quite a bit.@paulag's question left an eerie silence after Ned's answer and it wasn't really answered. This will happen sometimes on a live show and this is what makes it interesting.

Every business I have been in has had a strategy and a business plan. Without one you may achieve the goals or vision,but it may take a lot longer than expected. Businesses have a plan that they stick to and can be tweaked due to market changes,but the core fundamentals always stay.

It kind of makes sense to me now going back to what has been said before. A while ago when cost reductions were announced and staff were let go,something stuck in my head. Ned said that they were working on too many projects at once and decided to only concentrate on one or two.

If there was a plan that was being stuck to it would have been obvious early on that doing too much was the wrong decision and should have been changed long ago.I am happy they are working on less now and just hope they are sticking to a plan. When asked last night on time lines it was another side step.

Just some thoughts that have been bugging me and we must just see what happens.I just wish he would take the help offered by the many developers on Steem and just maybe the process would be sped up.If I was a developer (no clue) I would be highly frustrated watching the progress.

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Ah man, what an awesome silience...

Its seems to me ned is such a visionary, he lives in the clouds. Now he needs to hire staff to make it happen. Thats a u turn on destiny, a u turn on steemit.com and a u turn on staff. I thought they couldnt afford all this 😉

I have loads to say on the matter but right now, my strategy is to gather my thoughts so i dont make a blunder in sharing what i do have to say 😇

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Is there a link to the conversation?

I have seen everything ned has ever said on you tube. I was looking at doing a parody. ( surprise, surprise!)

After listening, and relistening, and then listening some more, to him - I came to the conclusion that he never actually says much. Ever.

A politician, not a businessman

I think pennsif has it.

I think pennsif has it.

...it just better not be contagious.

ok cheers, matey...

I have loads to say as well. He just seems to put his foot in it all the time and he walked straight into your reply.

Very clever using the Samsung Makes Trillions lol

  ·  6 years ago (edited)

Hahah brilliant !! Loved the people are the strategy . But you left 70% of people go . This is the exact moment @paulag twisted the knive and led to an awkward silence in which @ned was plotting torture on the world 😂😂😂😂. You can’t cod a northsider ! Made me proud to be Irish

But im a southsider 😂😂

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My sincere apologies. I only did (pass) Dublin for my leaving cert.

Haha i need a passport stamp to go over there

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Haha i need a passport stamp to go over therr

Posted using Partiko Android

Seems to be the issue for most people. Either they never had a plan or they are so strict in following that plan they do not take in other better opportunity/adjust when they come across them. Other times you are just way over your head and even your best plan is not much of one for what you are facing. Still that is not an excess to not have one that more of a reason to have it.

While I think people should dream and want reach for the stars they at least need a foot on solid ground to keep them walking forward. Otherwise they just float off into nothingness chasing after the unobtainable dream. The even scary thing is when people notice they have a dreamer on the hook and reel them in to take advantage. I’ve seen many great projects and companies just in my own local area alone go down in flames because they choose to keep the dream alive and who ever sell them it then fact reality and make the chances needed.

As a businessman, having a strategy is incredibly important. As a gambler, having a strategy is also incredibly important.

I'm a writer and I have to say.... I don't always have a strategy when I go into a book.

Some people make long outlines detailing every aspect of what their book is going to be about. Some people fly by the seat of their pants writing each page as a mystery to both them and the reader.

When it comes to business though, and gambling because after all we are talking about cryptocurrency here, I really like the idea of a strong strategy.

In business (or gambling) , if you have no strategy, you have no clue...

It definitely did feel awkward as you would have thought he was better prepared after weeks of preparing both a vision and mission statement! It shows the cracks that have led them to where they are at which is why decentralization is the best path forward to achieve autonomy from any person or group.

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Strategy is crucial at the moment. It should be a strategy for the ecosystem. Please have a look here: https://busy.org/@impactn/where-to-go-setting-up-a-strategy-for-the-future-of-steem-test-stage-1
There is a gorup of Steemians exploring new ways of decentralised strategy building. We'll use the SOS-forum no 5 for the next big step forward. On Thursday'll be a next post on how to move forward. Would be great to know you and all the other pros on strategy-building with us.

This post has been included in the latest edition of SOS Daily News - a digest of all you need to know about the State of Steem.



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