What does the strategy team actually do?
They spend their time building polished, fancy decks, but there’s often no execution plan because execution isn’t part of their mandate.
I also want to build a rocket. But do I have the budget, resources, talent, or infrastructure? No. Anyone can propose ambitious ideas if they’re not accountable for delivering them.
So how do we justify the existence of these teams?
In the November layoffs, VCG eliminated entire strategy teams. Yet in the new organization, they’ve rebuilt another army of people doing…strategy.