I remember when i first started training years ago i had a similiar compound workout , while it was great there will always be some workouts that work better for you and not so good ,everyone is different so mix it up abit ,My main 7 base workouts are bench-chest dips-tris pullups-back chinups-bis squat-legs military press-shoulders shrugs-traps, As long as i go heavy and hard on these movements the following exercises i try to target a certain spot of the muscle ,I always do Deads aswell but for me they tend to work me allover not just a base for a certain muscle.