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Strategy generally involves setting goals and priorities, determining actions to achieve the goals, and mobilizing resources to execute the actions. [4] A strategy describes how the ends (goals) will be achieved by the means (resources). [5]
In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization 's managers on behalf of stakeholders, based on consideration of resources and an assessment of the internal and external environments in which the organization operates.
Strategic planning is an organization's process of defining its strategy or direction, and making decisions on allocating its resources to attain strategic goals. Furthermore, it may also extend to control mechanisms for guiding the implementation of the strategy.
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.
The National Security Strategy (NSS) is a document prepared periodically by the executive branch of the United States that lists the national security concerns and how the administration plans to deal with them.
The National Military Strategy ( NMS) is issued by the Chairman of the Joint Chiefs of Staff as a deliverable to the secretary of defense briefly outlining the strategic aims of the armed services. The NMS's chief source of guidance is the National Security Strategy document.
Workplace Strategy is the dynamic alignment of an organization's work patterns with the work environment to enable peak performance and reduce costs.
Strategic leaders are defined as the ones having the organizational ability with strategic orientation; translate strategy into action; align people and organizations; determine effective strategic intervention points; develop strategic competencies.
Strategy differs from operations and tactics, in that strategy refers to the employment of a nation's entire military capabilities through high-level and long-term planning, development, and procurement to guarantee security or victory.
Strategy implementation requires the following activities to be undertaken: Strategy articulation - Building consensus within the team responsible for delivery of the strategy about the outcomes to be achieved; Strategy validation - Engaging with stakeholders and others to confirm strategic outcomes being pursued are acceptable