
--->>> This chart shows you how a strategy is implemented
I came across various definations when i was going thru the articles and what i understood as a whole ,is that A STRATEGY IS A LONG TERM PLAN OF ACTION DESIGNED TO ACHIEVE A PARTICULAR GOAL .
Strategies should always be designed in a way so that it should be able to acheive competitive advantages over other organizations when they are put in to use or you can even say when they are used in context with a particular organization.
In the field of business administration, "strategic consistency" is when the actions of an organization are consistent with the expectations of management, and these in turn are consistent with the market and the context of the concerned organization that is using the strategy .
Yes strategic consistency is of utmost importance for any organization like THE A-TEAM in order to cope up with the changing situations for an organizations i feel that we should have strategies that can cope with the changes ,that is of utmost importance.
reference>>
(Arie de Geus, The SoL Journal, Volume 8, Number 1, February 2007 , pp. 28-35 2007)
example>>> I remeber wen i was previously workin with an organization called ebizelindia.com in the network marketing field we always use to have a strategy that was made by our team members in order to acheive a particular goal like we were suppose to give presentations in order to enrol more people in the organization so we made a strategy that we have to start giving follow ups after presentation as if der is any doubt regarding the presentation given ,and then it was taken by a more experienced team member in order to motivitate the listeners and to sell the product at a faster rate this was our strategy in order to gain more profits.
Can you give me an example of strategy, also can you explain what is strategy in maximum 20 words?
ReplyDeletePlease provide the detail of the de Geus reference.
ReplyDeleteAlso, give examples of applying the idea in an organisation you know about
Could you give me example of a strategy….
ReplyDeleteFor example:
”BT's strategy is to create value for shareholders through being the best provider of communications services and solutions for everybody in the UK, and for corporate customers in Europe, achieving global reach through partnership”
BT GROUP Website