What is Strategy? (process)



Strategy and Innovation
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16
Enrique Florido, Colombia

What is Strategy? (process)

If creativity is making the complicated simple, then we can see strategy as the process of transforming creativity into value for the stakeholders.
 

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1
Bayissa Milkessa
Business Consultant, Ethiopia
 

What is Strategy?

Strategy is not an objective nor a goal.
Rather, strategy is an instrumental process that helps the users (strategists) to exploit any resources available to them to benefit from current and future opportunities.
A strategist is a person that develops effective and efficient means of exploiting current and future opportunities.
One of the main function of top management is developing a strategy for their firm, so that opportunities may not pass by without being exploited.
Therefore, strategy is a fundamental instrument developed by strategists and/or top management in order to exploit current and future opportunities in a dynamic environment.

 
3
Karl Christensen
Strategy Consultant, Mexico
 

What is Strategy?

We define strategy as: "the framework which guides those choices that determine the nature and direc... Sign up

 
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Andrew Blaine
Business Consultant, South Africa
 

What is Strategy

When planning a business venture, it is imperative that the entrepreneur develops a clear and defini... Sign up

 
0
Mackinnon
Entrepreneur, United Kingdom
 

What is Strategy

Strategy is simply a predictive theory. It can be turned into a plan for testing and subsequent impl... Sign up

 
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Ken Gordon
Strategy Consultant, United Kingdom
 

What is Strategy?

Strategy must indeed incorporate prediction to the extent that the environment in which strategic ch... Sign up

 
1
Bayissa Milkessa
Business Consultant, Ethiopia
 

Vision, or Objective, or Goal is a Necessary Condition for Existence of Strategy

It is normal that we need to have a vision, or objectives, or goals before having strategy as means ... Sign up

   

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