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For anyone interested in learning more about strategy, I highly recommend Richard Rumelt’s book “Good strategy, bad strategy”. This link provides a good summary of the book: https://www.mckinsey.com/business-functions/strategy-and-cor... I often see the word “Strategy” thrown around, often referring to meaningless corporate speak or fluff. In fact, it’s a whole field of study, and I feel many engineers will love it if they gave it a chance. In order to develop a strategy you must have a challenge or hard problem to solve. Then you define a cohesive set of actions or policies backed by an argument to solve the challenge. Strategy should define the “how” to solve the problem by clearly articulating the hard choices you have to make. “Increase customer value”, or revenue or profits, those are not strategies. Being the best, or “leading”. Those are goals or wishes. Defining how to achieve that, given a whole set of constraints, that’s the heart of strategy. And engineers are generally great at solving those type of complex puzzles. The solution is not one that may involve code or even engineering in general, but rather, a clear understanding of the problem, its constraints, and the argument for choosing some specific set of trade-offs. |
Problem is: The only way to really understand a problem in engineering, is trying to engineer a solution for it.