Wednesday, May 9, 2012

Strategy in One Sentence: Ten Creative Insight

“He who fails to plan is planning to fail" - Winston Churchill

 1.  The strategy is like GPS, with zoomed in vision as a destination, lead organization in the right direction, leverage resource, and execute effectively.

2. The strategy is like a 'Kite on a String,' it's about projecting and balancing variables on the business continuum to achieve that goal further away in the distance.

3. Good strategy is a funnel through which, all ideas that have been previously filtered, now flow and create a positive result for your company growth,

  1. The strategy is the pillar of organizational existence, its design, structure, functions, vision, and mission. Without it, it's a black hole!
  1. Vision without action is a daydream. Action without vision is a nightmare. A Goal without Plan is a foolish wish.
  1. The strategy is the art of executive decision making.
  1. Strategic planning follows 80/20 principle to provide focus. It helps the leaders to focus on the 20% of activities that will yield 80% future success.
  1. A strategic plan is important as it is the road map for the achievement of an organization's goals, mission, and purposes.  
  1. A real strategy is neither a document nor a forecast but rather an overall approach based on a diagnosis of a challenge.
  1. You can judge the outcome of the good strategy, the people are happy working with clear purpose and the organization has the competency sailing through the thick and thin of the changing environment because it has more willing people.









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