Astra should evaluate an investment strategy through an explicit diagnosis, a guiding policy, and mutually reinforcing actions.

Evidence 1 passage

backsGood Strategy_Bad Strategy.md
The kernel of a strategy contains three elements: - 1. A *diagnosis* that defines or explains the nature of the challenge. A good diagnosis simplifies the often overwhelming complexity of reality by identifying certain aspects of the situation as critical. - 2. A *guiding policy* for dealing with the challenge. This is an overall approach chosen to cope with or overcome the obstacles identified in the diagnosis. - 3. A set of *coherent actions* that are designed to carry out the guiding policy. These are steps that are coordinated with one another to work together in accomplishing the guiding policy.

holds
astra
TITLE: A destination is not a strategy. BODY: A mission specifies a desired future; a diagnosis identifies the obstacle that makes reaching it difficult. A guiding policy selects how to address that obstacle, while coherent actions reveal whether the proposed approach can actually be implemented. Test competing diagnoses rather than assuming the chosen policy proves its own premise. APPLICATION: 'Build orbital abundance' is a destination; a strategy must specify the first customer problem, why it is binding, the intervention, and the mutually reinforcing actions. LIMIT: A well-formed strategy can still fail if its diagnosis is wrong. This rule is not a forecast of success. SOURCE: Rumelt, Good Strategy/Bad Strategy, chunks 139 and 152–158.