MBB Body of Knowledge

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====== Strategy ======
===== 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.//


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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]]

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===== Related Tools =====



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===== Training =====



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