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In the same way, a good business strategy deals with the edge between the known and the unknown. Again, it is competition with others that pushes us to edges of knowledge. Only there are found the opportunities to keep ahead of rivals. There is no avoiding it. That uneasy sense of ambiguity you feel is real. It is the scent of opportunity.
Good Strategy/Bad Strategy
Richard Rumelt
What Strategic Thinking Actually Looks Like
Strategic thinking means turning from the strategic process to the actual core questions:
**Instead of:** "What features should we build?"
**Ask:** "Which customer problems, if solved, would most directly contribute to our company's current priorities?"
**Instead of:** "Leadership hasn't told us who to focus on."
**Ask:** "Based on what we know about business goals, which segments would we focus on if we had to choose today?"
**Instead of:** "Which of [Helmer's 7 Powers](https://click.convertkit-mail2.com/8kuokvewzehoh29wkx5akhk6g2g99s3hxqgw2/owhkhwuwgz7do5tq/aHR0cHM6Ly83cG93ZXJzLmNvbS8=) is the right one to focus on?"
**Ask:** "How can we convince audiences to choose us over alternatives?"
Notice the pattern? Strategic thinking means making explicit choices within your context, even when that context is imperfect.
Why Strategic THINKING Matters More Than THE Strategy
Tim Herbig
A corollary of this is that everything you build and deploy needs to be instrumented such that you know how your products actually are being used. Without this data, you are flying blind.
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