====== 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.// ---- 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 ===== ----