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”

QUOTE

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.

UNQUOTE
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).

Hemant

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s