The (Many) Things Macroeconomists Don’t Know:
It’s okay if an economic theory is unrealistic and oversimplified. All that matters is whether it delivers useful predictions.
I came across this quote tonight and it immediately seemed applicable to marketing strategy. It doesn’t matter how many charts you have if the work isn’t any good. Seems relevant to Gareth’s post on minimum viable planning.
Sometimes it seems like the more we try to bullet-proof strategies by grounding them in data and research and charts and all of the rest of that sort of thing, the less useful it becomes in actually making stuff.
(Via HBR.org)