What is Strategy?

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Strategy > Best Practices > What is Strategy?

What is Strategy?
Enrique Florido
If creativity is making the complicated simple, then we can see strategy as the process of transforming creativity into value for the stakeholders. (...) Read more? Sign up for free

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  What is Strategy?
Bayissa Milkessa, Business Consultant, Ethiopia, Member
  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.

  What is Strategy?
Karl Christensen, Strategy Consultant, Mexico, Member
  (...)

  What is Strategy
Andrew Blaine, Business Consultant, South Africa, Member
  (...)

  What is Strategy
Mackinnon, Entrepreneur, United Kingdom, Member
  (...)

  What is Strategy?
Ken Gordon, Strategy Consultant, United Kingdom, Member
  (...)

  Vision, or Objective, or Goal is a Necessary Condition for Existence of Strategy
Bayissa Milkessa, Business Consultant, Ethiopia, Member
  (...)

   
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