What is
What are
Strategy
?
Strategy is a plan of action designed to achieve near- and long-term goals. It involves setting objectives, determining actions to achieve those goals, and mobilizing resources to execute the actions.
Why is it important?
Why are they important?
Strategy provides direction and focus, interconnecting all teams towards shared goals; it optimizes resource allocation because it creates clear priorities; it helps organizations manage and adapt to risks and opportunities by creating clear choices and believable actions. Strategy is the foundation upon which success is built, allowing for thoughtful planning, focused efforts, and the agility needed to thrive in a dynamic environment.
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