Strategy ! A method or plan chosen to bring about a desired - TopicsExpress



          

Strategy ! A method or plan chosen to bring about a desired future, such as achievement of a goal or solution to a problem. The art and science of planning and marshaling resources for their most efficient and effective use. The term is derived from the Greek word for generalship or leading an army....... Strategic Planning ! A systematic process of envisioning a desired future, and translating this vision into broadly defined goals or objectives and sequence of steps to achieve them. In contrast to long-term planning (which begins with the current status and lays down a path to meet estimated future needs), strategic planning begins with the desired end and works backward to the current status. :- At every stage of long-range planning the planner asks, what must be done here to reach the next (higher) stage? :- At every stage of strategic-planning the planner asks, what must be done at the previous (lower) stage to reach here? Also, in contrast to tactical planning (which focuses at achieving narrowly defined interim objectives with predetermined means), strategic planning looks at the wider picture and is flexible in choice of its means.
Posted on: Wed, 22 Oct 2014 04:11:16 +0000

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