What if the biggest threat to your strategy isn't a competitor, a budget cut, or AI? What if it's busyness? In this Sharp Cut, Marc Binkley and Vassilis Douros tackle one of marketing and leadership's biggest comfort blankets: the belief that activity equals progress. Drawing on the work of Roger Martin, Richard Rumelt, Michael Porter, Henry Mintzberg, and decades of research in strategy, psychology, and organizational behaviour, they explore why so many companies mistake plans, initiatives, and corporate buzzwords for actual strategy. The conversation unpacks: Why strategy is fundamentally a series of choicesHow organizations become trapped in the illusion of progressWhy indecision is often the most common strategic outcomeThe hidden cost of strategic ambiguityWhat B2B buying behaviour can teach us about leadershipWhy marketing departments produce more content than ever while achieving less impactHow AI accelerates both good strategy and bad strategyThree practical actions leaders can take immediately to make better strategic decisions This episode is ultimately about one uncomfortable truth: Most organizations don't have a strategy problem. They have a choice problem. And until they're willing to make difficult choices, strategy remains little more than activity wearing a strategy costume. Takeaways Most strategies presented are often just lists of initiatives.Real strategy involves making explicit choices and trade-offs.Indecision can be a strategy, but it's not an effective one.Ambiguity can be useful short-term but harmful long-term.Fluffy language often indicates a lack of real strategy.Marketing and strategy should be aligned for effectiveness.The say-do gap reflects a disconnect in organizational goals.AI can exacerbate existing strategic issues if not managed properly.Effective strategy requires clear, actionable frameworks.Leaders must be willing to make specific, falsifiable choices. Chapters 00:00 - The Illusion of Strategy 03:13 - Defining Real Strategy 05:49 - The Challenge of Decision-Making 08:49 - Indecision as a Strategy 11:59 - The Role of Ambiguity in Strategy 14:50 - The Cost of Fluffy Language 17:48 - Marketing and Strategy Alignment 21:04 - The Say-Do Gap in Organizations 23:52 - The Impact of AI on Strategy 27:03 - Practical Steps for Effective Strategy References Cappellaro, G., Compagni, A., & Vaara, E. (2021). Maintaining strategic ambiguity for protection: Struggles over opacity, equivocality, and absurdity around the Sicilian Mafia. Academy of Management Journal, 64(1), 1–37. Dixon, M., & McKenna, T. (2022). The JOLT effect: How high performers overcome customer indecision. Portfolio. Drucker, P. F. (1967). The effective executive. Harper & Row. Eisenberg, E. M. (1984). Ambiguity as strategy in organizational communication. Communication Monographs, 51(3), 227–242. Hurman, J. (2024). The case for creative effectiveness. Cannes Lions / WARC. 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