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Augusto Carreira Partner, Portugal
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Unless a definition of "a strategy" is agreed upon by those who will have to use it and act by it, no "strategic planning" of whatever flavor will do. Yet, it is an illusion to fancy that one doesn't need a strategy. Let's make it clear. I define a strategy as:
"a timed response to a challenge (opportunity or problem)".
The outcome of a strategy will be a set of policies that the company follows.
So, whatever one is doing today is the follow-up of decisions taken in the past and these embody a strategy because the future of the company derives from that.
A strategy can be engineered in the sense that its outcomes can be specified and it can be designed. A strategy lowers the uncertainty to manageable levels and, after implementation, what's left is a set of policies that materialize in procedures (almost zero uncertainty). This is valid for opening a new facility abroad or to establish a new bonus plan. (...) Read more? Sign up for free
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Sudheendra Consultant, India
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Strategy for the Definition Part
Strategy derives from the Greek "στρ (...)
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Mellacheruvu Adi Saasthry Director, India
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What is a Strategy?
Augusto: When an entrepreneurial decision is taken (...)
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Jaap de Jonge Editor, Netherlands
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What is a Strategy?
In my view, one simple way of defining a strategy (...)
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Alan Kennedy
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What is a Strategy? Definition
Research tells us strategy implementation suffers (...)
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John Henry Project Manager, United States
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Strategy as a Noun...
A strategic plan, is a plan arrived at utilizing a (...)
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Alan Kennedy
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Strategy as Content and Process?
Mr. Henry focuses on strategy as a process. I thin (...)
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Andrew Blaine Business Consultant, South Africa
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Strategy as Content and Process
@Alan Kennedy: Hi there Alan, My only concern wit (...)
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sadiq Student (MBA), Pakistan
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What is Strategy According to Porter
Michael Porter says "strategy is a unique set of p (...)
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Ehab Abou Hamdan Consultant, Lebanon
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Definition of Strategy
A strategy is a high level plan to achieve one or (...)
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Hakim Moi Strategy Consultant, United Kingdom
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Strategy as a Complex Multi-dimensional Variable
There is general lay person view of strategy as a (...)
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pavan singh Student (MBA), India
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What is Strategy? An Integrated Set of Choices
Strategy is an integrated set of choices, that uni (...)
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Francois La Roche Business Consultant, Canada
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Defining Strategy: Resource Allocation
Strategy in my book is very simply defined as Deci (...)
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Wayne Hill Manager, South Africa
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What is Strategy
HBR released an article of Michael Porters. Its ca (...)
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Alex Business Consultant, Germany
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Strategy for Stakeholders
Clarifying strategy seems complex. If a strategy i (...)
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Sathya Devarakonda Project Manager, India
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What is Strategy?
A Professor at MIT Sloan says a strategy is the pl (...)
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Augusto Carreira Partner, Portugal
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The Future is Always a Challenge
@Mellacheruvu Adi Saasthry : my above title (The f (...)
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