This is not a strategy

Graham Kenny provides his thoughts on the subject on HBR here

One of the best bits of advice I ever received is that, when scrutinised, most strategies aren’t really strategic in the slightest. In fact, they’re most-likely to be objectives, or actions, or activities. 

A strategy is not:

  • A presentation
  • A chart
  • A metric
  • A percentage
  • A goal
  • A sales target
  • A model
  • A diagram
  • An aspiration
  • An objective
  • A survey

A strategy is the best possible way to achieve a desired outcome, and you should be able to articulate it in a simple sentence. Everything else is either the means (to help deliver on the strategy), or the end (the result, the outcome).

If you can’t articulate your strategy simply and clearly, it probably isn’t a strategy.