User Tools

Site Tools


definition:strategy

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Next revision
Previous revision
definition:strategy [2025/01/03 05:25] – created bokadmindefinition:strategy [2025/01/03 14:06] (current) bokadmin
Line 2: Line 2:
 ===== Definition ===== ===== Definition =====
  
-(Noun) Represents the force that drives the organization in a particular direction. The more rigorous and informed the strategy, the greater the driving force and direction is to achieve the Mission, Vision, and goal/s of the organization.+//(Noun) Represents the force that drives the organization in a particular direction. The more rigorous and informed the strategy, the greater the driving force and direction is to achieve the Mission, Vision, and goal/s of the organization.// 
 + 
 + 
 +---- 
 +The Strategy for an [[Organization|organization]] is developed by following a structured process that involves analyzing the current state of the organization, setting a clear vision for the future, and determining the best path to achieve that vision.  
 + 
 +The [[MBB]] [[f_CSI|Framework of Countinual Strategic Improvement]] ([[f_CSI]]) describes the process of [[StrategicManagement|Strategic Management]]. 
 + 
 +[[StrategicPlanning|Strategic Planning]], a verb, is the work of creating and refining the strategy which typically results in a [[StrategicPlan|Strategic Plan]] (noun), the documentation used to communicate the strategy. 
 + 
 +[[StrategicManagement|Strategic Management]] is synonymous with the [[StrategicPlanningCycle|Strategic Planning Cycle]], divided into two phases: 
 +1) the [[StrategicPlanningPhase|Planning Phase]] and  
 +2) the [[StrategicExecution|Execution]] and [[StrategicMonitoringPhase|Monitoring]] Phase. 
 + 
 +The strategy for an organization should be developed and maintained by a [[CrossFunctionalTeam|Cross Functional Team]] of [[SubjectMatterExperts|Subject Matter Experts]] that collectively are aware of all issues facing the organization. It should involve an experienced facilitator familiar with the methods and practices of [[StrategicPlanning|strategic planning]]. 
 + 
 +Without a strategy, an organization is like a ship without power or a rudder, adrift without direction, vulnerable to external forces, and unable to effectively allocate resources or achieve its goals. 
 + 
 + 
 +===== See Also ===== 
 +[[f_CSI]] 
 + 
 +[[StrategicPlanning|Strategic Planning]] 
 + 
 +[[StrategicPlan|Strategic Plan]] 
 + 
 +[[StrategicManagement|Strategic Management]] 
 + 
 +---- 
 + 
 + 
 + 
 +===== Related Tools ===== 
 + 
 + 
 + 
 +---- 
 + 
 + 
 + 
 + 
 + 
 + 
 +===== Training ===== 
 + 
 + 
 + 
 +---- 
 + 
 + 
 + 
 + 
definition/strategy.1735881943.txt.gz · Last modified: 2025/01/03 05:25 by bokadmin