Generally speaking, executing on a strategy takes focus and concentration on a small number of things. Just as certainly, all businesses exist in environments that are complicated. So ultimately, even concentrating on "just one thing," or "just a few things," will eventually prove to be necessary but insufficient.
Compared to the situation of perhaps four years ago, the telco strategic context needs to be considered in a broader or different context, according to STL Partners. That is to be expected. Even a "big new idea" necessarily is incomplete as a prescription for organization success.
So where the key point was the idea of "two-sided business models," STL now says that is something that has to be kept in context. Of course. That was true four years ago, as well. But organizations and people can only focus on so much at one time. So the unchanging requirement is to focus on a few things at a time, even if that is objectively "unbalanced" and "incomplete."
Friday, August 31, 2012
Why One-Sided or Incomplete Thinking is Necessary, and Eventually has to be Corrected
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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