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--- definition:strategy [2025/01/03 13:24] – [Definition] bokadmin
+++ definition:strategy [2025/01/03 14:06] (current) – bokadmin
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 ===== 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.//
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-[[Strategic Planning|StrategicPlanning]], a verb is the work of creating and refining the strategy.
+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.
-A Strategic Plan (noun) is the documentation produced by planning the strategy, and used to communicate the Strategy.
-Strategic Management is synonymous to the Planning Cycle, divided into two phases:
+The [[MBB]] [[f_CSI|Framework of Countinual Strategic Improvement]] ([[f_CSI]]) describes the process of [[StrategicManagement|Strategic Management]].
-) the Planning Phase and
-) the Execution and Monitoring Phase.
+[[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:
+) the [[StrategicPlanningPhase|Planning Phase]] and
+) 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.
-Without a strategy, an organization is a rudderless ship.
 ===== See Also =====
+[[f_CSI]]
+[[StrategicPlanning|Strategic Planning]]
+[[StrategicPlan|Strategic Plan]]
+[[StrategicManagement|Strategic Management]]
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