A long-term plan, a vision for the future It is a fundamental framework through which an organisation can assert its continuity, while at the same time adapting to a changing environment The ultimate objective of a Strategy is to address stakeholders benefits
An agreed-upon course of action and direction that helps manage the relationship between an organization and its environment The goal is to achieve alignment or synergy so that an optimal flow of resources to the institution is achieved
(1) Hypotheses that propose the direction a company or agency should go to fulfil its vision and maximize the possibility of its future success (2) Unique and sustainable ways by which organizations create value (from Kaplan & Norton) Answers the question, "Are we doing the right things?"
A statement that describes how the program will achieve its objective That is, which activities will help the program achieve its objectives most effectively and feasibly
While matching in a dictionary serveral methods for comparing words can be used These methods are named strategies and include exact match, regular expression match, and soundex match The available strategies depends on the server, but a special name can be used to denote a server-default strategy
A strategy is a general plan or set of plans intended to achieve something, especially over a long period. Next week, health ministers gather in Amsterdam to agree a strategy for controlling malaria What should our marketing strategy have achieved? = policy
A general direction set for the organization and its various components to achieve a desired state in the future Strategy results from the detailed strategic planning process Strategy in this general sense should not be confused with Strategies
Strategy is the art of planning the best way to gain an advantage or achieve success, especially in war. I've just been explaining the basic principles of strategy to my generals. In warfare, coordinated application of all the forces of a nation to achieve a goal. In contrast to tactics, strategy's components include a long-range view, the preparation of resources, and planning for the use of those resources before, during, and after an action. The term has expanded far beyond its original military meaning. As society and warfare have steadily grown more complex, military and nonmilitary factors have become more and more inseparable in the conduct of war and in programs designed to secure peace. In the 20th century, the term grand strategy, meaning the art of employing all the resources of a nation or coalition of nations to achieve the objects of war (and peace), steadily became more popular in the literature of warfare and statecraft
The manipulation of power relationships by a power (e g an army) in order to draw the necessary boundaries of a place from where exteriorities (e g enemies) can be managed In order for a strategy to exist, time must have allowed a space to be proper and the actions within the space to be predictable
The general approach that will be employed to attain a goal Your organization may have broad overall strategies or specific ones Strategies may also be embodied in your objectives