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strategy: [noun] the science and art of employing the political, economic, psychological, and military forces of a nation or group of nations to afford the maximum support to adopted policies in peace or war. the science and art of military command exercised to meet the enemy in combat under advantageous conditions. a variety of or instance of ...
Strategy (from Greek στρατηγία stratēgia, "art of troop leader; office of general, command, generalship" [1]) is a general plan to achieve one or more long-term or overall goals under conditions of uncertainty. [2] In the sense of the " art of the general", which included several subsets of skills including military tactics ...
Team strategy must align to the business unit and corporate strategies, meaning that all levels of strategy support and enhance each other to ensure that the organization is successful. Define the team's purpose and boundaries using, for example, a team charter ; and to manage it using techniques such as Management by Objectives and use of key ...
STRATEGY definition: 1. a detailed plan for achieving success in situations such as war, politics, business, industry…. Learn more.
Today’s dynamic markets and technologies have called into question the sustainability of competitive advantage. Under pressure to improve productivity, quality, and speed, managers have embraced ...
Sep 23, 2020 · Strategy and tactics both answer “how” you will achieve your goal. Strategy is how generally to achieve the goal, and tactics are how specifically to achieve your goal. Strategy is abstract, like leadership or love—you can’t reach out and touch it. Tactics on the other hand tend to be more tangible.
Strategy definition: the science or art of combining and employing the means of war in planning and directing large military movements and operations.. See examples of STRATEGY used in a sentence.
Jun 20, 2022 · Strategy in Greek (strategia) means the “art of the general,” and, since ancient times, implied the ability to achieve a complex battle goal.In the modern business world, common “battles ...
a key strategy to increase sales; a strategy aimed at reducing the risk of accidents; resource management strategies; the key idea in their strategy; the party's strategy on poverty; to develop an effective strategy for change; As a business strategy, this is unlikely to work. The government has developed a strategy for dealing with regional ...
Levels of Strategy. There are two fundamental levels of strategy: corporate level strategy and business unit strategy. Cor p orate strategy defines what set of businesses to compete in, while business unit strategy describes how to compete in each distinct business or industry. While both are essential, business units typically account for 90% or more of economic performance—and therefore it ...
