# Tweets From Igor Buinevici ! [ rw-book-cover] (https://pbs.twimg.com/profile_images/1785992663231053824/G3pg4Kkz.jpg) URL: https://twitter.com/Igor_Buinevici Author: @Igor_Buinevici on Twitter  ## AI-Generated Summary None ## Highlights > Many entrepreneurs lack key analytical skills: > They have a sense of urgency to make decisions quickly. > Naturally thinking that often there is no time or need for analysis. https://t.co/tKiVZlZaH0 >  ([View Tweet](https://twitter.com/Igor_Buinevici/status/1833500680608174574))  ## New highlights added October 4, 2024 at 9:07 PM > 92% of people struggle with some form of perfectionism: > Yes – you read that number correctly. > However, embracing "done is better than perfect" is great because: >  ([View Tweet](https://twitter.com/Igor_Buinevici/status/1839310773400830238))  ## New highlights added October 17, 2024 at 12:53 AM > 80% of employees who are receiving feedback are fully engaged. > Engaged employees: > ➟ Are 87% less likely to leave their jobs. > ➟ Outperform other employees by more than 200%. > Sounds like a win-win situation! But which feedback model to use? >  ([View Tweet](https://twitter.com/Igor_Buinevici/status/1845820360593436883))  ## New highlights added October 23, 2024 at 1:10 AM > Plan and strategy are two different concepts: > Planning is a process, while strategy is the logic behind it. > Many people mix up these terms, so let me clarify. https://t.co/lHGPwjZ5iW >  ([View Tweet](https://twitter.com/Igor_Buinevici/status/1848725962193817915))  ## New highlights added November 25, 2024 at 5:11 PM > 90% of companies struggle to implement their strategy: > Curious how the other 10% succeed? > Let me introduce a valuable tool: >  ([View Tweet](https://twitter.com/Igor_Buinevici/status/1861058498051850367))  ## New highlights added February 21, 2025 at 12:56 PM > Plan and strategy are two distinct terms: > Planning is a process, while strategy is logic. > Many people confuse these terms: > But let me explain the difference. > The confusion often arises from how we use the term "strategy". > Sometimes, we use "strategy" to refer to special concepts like "strategic finance" or "strategic marketing." > Other times, we casually mention our plans to achieve goals, like saying, "My strategy to improve my grades is to study 10% more every day." > However, in the context of business or organizations, strategy has a specific meaning. > If every plan or process were labeled as a strategy, things would become very confusing. > Here's the key difference: > ➟ Strategy is the underlying logic behind how an organization creates and captures value. > ➟ Planning is the method used to execute strategy. > Put simply: > ➟ Strategy sets the goals, while planning helps to achieve them. > A strategy outlines the reasons behind an organization's actions. > In Jeroen's book, "The One-Hour Strategy," strategy is broken down into: > a) Identifying customers and competitors (Market) > b) Deciding on products or services (Magic) > c) Utilizing assets and skills (Means) > d) Making money (Money) > e) Leveraging the environment (Momentum) > f) Defining the purpose behind these actions (Meaning). > This describes an organization's strategy, whether it's currently implemented or planned for the future. > None of this is about a specific plan. > A plan outlines the steps, resources, and time required to achieve specific goals. > Although a plan may align with a strategy, it's not the same thing. > Goals are derived from the strategic logic and guide the planning process. > This distinction matters because many organizations claim to have a strategy without truly understanding the overarching idea behind creating value. > They might have plans and goals but lack a proper strategy. > So, the important question is: > Does your organization have a strategy, or is it simply operating based on plans? > Adapted from Jeroen Kraaijenbrink > ---- > 📌 Wild Capital Academy is launching soon: > The top community-powered business scaling program, > I will cover strategy, finance, marketing, leadership etc. > (sharing my experience from helping 250+ companies). > 1200+ leaders are already on the waitlist: > Subscribe to my newsletter at https://t.co/jTnaNRbsRL to submit your interest. > You will also get my top 100 infographics as a bonus. >  ([View Tweet](https://twitter.com/Igor_Buinevici/status/1892223186999353850))