strategy

Strategy is the process of planning and executing various maneuvers and/or actions in an attempt to reach a goal. Strategy is often associated with business, politics, and military planning, but individuals can also strategize towards achieving their career, health, or relationship goals. Strategy is essentially akin to planning but implies a maximization of resources with logical thinking, intelligence (acquired knowledge), and leverage.

Strategy is differentiated from tactics in that tactics are micro strategies that contribute to a larger goal. Operating a successful business would fall under strategy, achieving financing or an important client would be considered tactics towards that strategy.

A successful strategy begins with a goal, along with an analysis of the current situation, and then sets out a plan that addresses each operational aspect needed to realize the achievement of that goal. This generalized formula is characteristic of all strategizing.

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Original Technorati articles tagged “strategy”

• in Social Media
  Talking Social Media Strategy for Business with Maya Grinberg
  Maya Grinberg of Wildfire (a Google company) talks to Technorati about social media marketing for business and the upcoming Social Media Strategy Summit in Chicago.
  by cebsilver / on Apr 19, 2013
• in Small Business
  How to Determine Your Market and Reach Your Target Customers
  Reaching your target customers through strategic marketing and using social media
  by kbeasley / on Feb 26, 2013
• in Business
  Can Pepper Jack Cheese Give You a Competitive Advantage?
  A Resource Based View Evaluation
  by davidkwaltz / on Mar 6, 2012

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