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strat·e·gy
/ˈstradəjē/noun
- 1. a plan of action or policy designed to achieve a major or overall aim: "time to develop a coherent economic strategy" Similar
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Strategy is important because the resources available to achieve goals are usually limited. Strategy generally involves setting goals and priorities, determining actions to achieve the goals, and mobilizing resources to execute the actions. A strategy describes how the ends (goals) will be achieved by the means (resources).
Strategy has many definitions, but it generally involves setting strategic goals, determining actions to achieve the goals, setting a timeline, and mobilizing resources to execute the actions. A strategy describes how the ends (goals) will be achieved by the means (resources) in a given span of time.
Strategic management involves the related concepts of strategic planning and strategic thinking. Strategic planning is analytical in nature and refers to formalized procedures to produce the data and analyses used as inputs for strategic thinking, which synthesizes the data resulting in the strategy.
Definition of strategic communication. Strategic communication refers to policy-making and guidance for consistent information activity within an organization and between organizations. Equivalent business management terms are: integrated (marketing) communication, organizational communication, corporate communication, institutional ...
Strategic thinking is a mental or thinking process applied by an individual in the context of achieving a goal or set of goals. As a cognitive activity, it produces thought . When applied in an organizational strategic management process, strategic thinking involves the generation and application of unique business insights and opportunities ...
Strategic leadership provides techniques that focus organizations when they are deciding on their purpose and best business practices that are critical for remaining competitive and relevant. Being able to learn and adapt has become vital for sustainability. Failure to be able to adapt to changing technology, climate change, and economic ...
Sports strategy refers to the numerous sets of methods applied in various sports in order to find ways and create advantageous methods for achieving an outcome of success. For team sports, strategy largely consists of how to coordinate the internal movements and positioning of players in a team.
Strategic design is about applying some of the principles of traditional design to "big picture" systemic challenges like business growth, health care, education, and climate change. It redefines how problems are approached, identifies opportunities for action, and helps deliver more complete and resilient solutions." [1]
Strategy is a high level plan to achieve one or more goals under conditions of uncertainty. Strategic foresight happens when any planner uses scanned inputs , forecasts , alternative futures exploration, analysis and feedback to produce or alter plans and actions of the organization.
A series of interventions concerning organisational structures, key personnel actions, and control systems designed to control performance with respect to desired ends. [4] Other definitions concern the processes by which an organisation identifies and allocates the actions associated with the delivery of a strategic plan such as the following ...