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Dima is doing his best to explore a particular flavour of ambiguity and Slava keeps him in check by sticking to definitions and anchoring the discussion to reality.
- Ambiguity â the quality of being open to more than one interpretation
- Is ambiguity merely a lack of proper definitions?
- Approaches that help in dealing with ambiguity
- Explicit definition of how success looks like
- Clear definition of the problem to be solved
- Validate hypothesis with real-world inputs
- At times, dealing with ambiguity requires a leap of faith
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Dima and Slava explore Richard P. Rumeltâs book Good Strategy Bad Strategy: The Difference and Why It Matters and share insights they took away from the book.
https://www.amazon.com/Good-Strategy-Bad-Difference-Matters/dp/0307886239
https://www.amazon.com/Strategy-SâĻ
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Dima and Slava count priorities and discuss how having to count priorities is a problem in and of itself.
Dilution of terminology: priorities, KPIsâĻ
âFocusâ is a good alternative that is expressly singular
Priority: importance vs ordering
Does priority get most timâĻ
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Dima and Slave talk about what strategy is and what strategy isnât.
From Wikipedia: Strategy is a general plan to achieve one or more long-term or overall goals under conditions of uncertainty.
Dimaâs characteristics of a strategy
Multi-step plan, a âpattern of deâĻ
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Dima and Slava discuss the complexities of estimation in business contexts and the challenges of striking the balance between ambition and realism.
Estimation, forecasting, and projecting
Desired level of confidence for the estimate makes a difference
Short-term vsâĻ
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