What is Strategy? (process)




Strategy and Innovation

Forum
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.
 

Rating

 
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

 
0
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

 
0
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

   

More on Strategy and Innovation:
Methods, Models and Theories
Discussion Topics
Should Executives Become More Strategic? Some Tips...
Operations Strategy versus Business Strategy
Mission: To achieve the Vision
Implementation/Formulation Strategy Matrix
Strategic Marketing Decision
What Makes a Person Into a Strategist?
🔥Definition of Business Strategy (aka Competitive Strategy)
What is Strategic Quality Planning?
Main Factors of Strategy Formulation
Is Strategy Development a Chaotic Process?
👀What is Strategy? (process)
Standardization: Tactic or Strategy?
Difference Between Strategy Approaches and Strategy Concepts
The Role of the Board of Directors in the Strategy Process
What is a Strategy? (noun)
Organisational Development Strategy versus Business Strategy

Strategy and Innovation



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2023 12manage - The Executive Fast Track. V16.1 - Last updated: 25-3-2023. All names ™ of their owners.