Alexandra should cheer up, honestly.
Stick points to Sowandes exact phrasing, that Iron Fist was the key to what the hand desires.
Stick explains what we viewers have already figured out: These ninjas dont mean that metaphorically.

Credit: Sarah Shatz/Netflix
The Hand literally needs the iron fist to open a door.
As ever, Stick is nothing but practical.
Again, the Defenders process this disagreement in the most Marvel way possible: by getting in a fistfight.
Jessica rightfully chews him out over hiding stuff from them again.
Elektra wakes up in Matts apartment after a nice dream about their past life.
Shes cleared out by the time Jessica and Matt arrive.
Matt and Jessica visit the Raymond brownstone.
At that, Matt (despite several side-eyes from Jessica) asks if he can play the piano.
Despite their earlier fisticuffs and their current guard-prisoner relationship, Luke and Danny are bonding.
Stick, unfortunately, doesnt share this warmth of feeling.
Just as hes about to strike the fatal blow, Elektra arrives, and they start fighting instead.
Matt and Jessica return just as Elektra pins Stick to the ground.
She arrives back at Hand HQ just as Murakami was trying to kill Alexandra.
Gao warns that they cant underestimate the Defenders coming after Danny, which sends Alexandra over the edge.
Like O-Ren Ishii inKill Bill, Elektra cuts off her rivals head and declares that shes in charge now.