What is strategy and Why I like wikipedia

I like Wikipedia. It represents collective knowledge and wisdom. Equally important: Its straightforward language and economy of expression. I chanced upon this on “strategy”


Strategy – Wikipedia, the free encyclopedia

A Strategy is a long term plan of action designed to achieve a particular goal, most often “winning.” Strategy is differentiated from tactics or immediate actions with resources at hand by its nature of being extensively premeditated, and often practically rehearsed.

Now how does one express this long term plan of action?

In my opinion, through some specific projects and processes which when executed (projects) and managed (processes) will help in achieving the goal(s) (strategic).

Many organizations attempt strategy implementation through “deployment” in departments or units. This does not work!

It is necessary to take the crucial second step (projects and processes).



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