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Essay

What is Strategy?

Essay specific features

 

Issue:

Business

 

Written by:

William R

 

Date added:

October 3, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 632

 

Was viewed:

4745 times

 

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Essay content:

Strategy is not planning. Strategy deals with competitive situation in an uncontrolled environment. Planning deals with situations in a controlled environment. It is the greatest "winning tool" that man ever invented .It enables the practitioners to see clearly the future of any encounter they undertake - Whilst reacting rationally and consciously without the need for intuition or guesswork...
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The same applies in business; strategy is for winning by utilising all the organization resources to systematically achieve the purpose of the enterprise. This means that any function within the organisation that acts or plans without taking into account the overall corporate strategy or purpose of the company, is by its nature not strategic...
displayed 300 characters

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