2min chapter

The NFX Podcast cover image

The Founders' List: Mind the Moat: Notes on 7 Powers (written by Hamilton Helmer) from Flo Crivello (Founder & CEO Teamflow)

The NFX Podcast

CHAPTER

The Importance of Strategy and Execution

Culture and strategy are deeply interwoven. Strategy is a million small decisions made every day at all levels of the organization. Shaping your culture is the strategy that makes the strategy. There's this dogma in silicon valley that ideas are a dima dozen. What actually matters is execution. Sure, strategy is worth exactly zero without some muscle to back it up. i dissent with the majority and believe more and more that on the margin, strategy is far more important than execution.

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