A Guide To Building Your Organization's Strategy
A blog article explaining the different types of business strategies in detail. How to identify the right strategy for your company, and how to plan out the necessary steps to implement it. Foundations of Strategy Organizations come in a variety of shapes and sizes, but all of them share one common goal: to achieve success. In order to achieve this goal, organizations must develop a strategy. A strategy is a plan of action that guides an organization's progress towards its objectives. There are many different types of strategies, but the three most important are business strategy, marketing strategy, and operational strategy. Business strategy is the foundation of an organization's success. It sets forth the organization's vision and objectives, determines what resources will be needed to achieve these goals, and establishes the priorities for those resources. Business strategy should be aligned with the organization's overall mission and values, and it should be based...