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definition:strategy [2025/01/03 13:35] – [Definition] bokadmindefinition:strategy [2025/01/03 14:06] (current) – bokadmin
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-[[StrategicPlanning|Strategic Planning]], 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 [[StrategicPlan|Strategic Plan]] (noun) is the documentation produced by planning the strategy, and used to communicate the strategy. + 
-[[StrategicManagement|Strategic Management]] is synonymous with the [[PlanningCycle|Planning Cycle]], divided into two phases:+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  1) the [[StrategicPlanningPhase|Planning Phase]] and 
 2) the [[StrategicExecution|Execution]] and [[StrategicMonitoringPhase|Monitoring]] Phase. 2) the [[StrategicExecution|Execution]] and [[StrategicMonitoringPhase|Monitoring]] Phase.
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 +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 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.
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 ===== See Also ===== ===== See Also =====
 +[[f_CSI]]
 +
 +[[StrategicPlanning|Strategic Planning]]
  
 +[[StrategicPlan|Strategic Plan]]
  
 +[[StrategicManagement|Strategic Management]]
  
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definition/strategy.1735911324.txt.gz · Last modified: 2025/01/03 13:35 by bokadmin