What is Strategy?The Basics of Strategy for Business Students …                                                           ...
Strategy means“A plan of action or policy designed to achieve a major or                       overall aim.”  The word “st...
Strategy is an action that managers take to attain one or             more of the organization’s goals.Strategy - definition
Strategy can be defined as  “A general direction set for the company and its variouscomponents to achieve a desired state ...
Strategy can also be defined as “Knowledge of the goals, the uncertainty of events and theneed to take into consideration ...
A strategy is all about integrating organizational activitiesand utilizing and allocating the scarce resources within the ...
While planning a strategy it is essential to consider thatdecisions are not taken in a vacuum and that any act taken   by ...
Strategy is the blueprint of decisions in an organization thatshows its objectives and goals, reduces the key policies, an...
1. Strategy is Significant because it is not possible to   foresee the future. Without a perfect foresight, the firms   mu...
2. Strategy deals with long term developments rather than   routine operations, i.e. it deals with probability of   innova...
3. Strategy is created to take into account the probable   behavior of customers and competitors. Strategies   dealing wit...
Strategy is a well defined roadmap of an organization. It   defines the overall mission, vision and direction of an organi...
Strategy, in short, bridges the gap between “where we are”                and “where we want to be”.Strategy - defined
Thank you …                                                                  Adeel Ahmedhttp://twitter.com/#!/syedahmedade...
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Basics of strategy for business students

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Basics of strategy for business students

  1. 1. What is Strategy?The Basics of Strategy for Business Students … Adeel Ahmed http://twitter.com/#!/syedahmedadeel | http://pk.linkedin.com/in/syedadeelahmed | http://adeelahmedsblog.blogspot.com/ | http://www.slideshare.net/sadeelahmed
  2. 2. Strategy means“A plan of action or policy designed to achieve a major or overall aim.” The word “strategy” is derived from the Greek word“stratçgos”; stratus (meaning army) and “ago” (meaning leading/moving).Strategy - the meaning
  3. 3. Strategy is an action that managers take to attain one or more of the organization’s goals.Strategy - definition
  4. 4. Strategy can be defined as “A general direction set for the company and its variouscomponents to achieve a desired state in the future. Strategy results from the detailed strategic planning process”.Strategy - definition
  5. 5. Strategy can also be defined as “Knowledge of the goals, the uncertainty of events and theneed to take into consideration the likely or actual behavior of others”.Strategy - definition
  6. 6. A strategy is all about integrating organizational activitiesand utilizing and allocating the scarce resources within the organizational environment so as to meet the present objectives.Strategy - about
  7. 7. While planning a strategy it is essential to consider thatdecisions are not taken in a vacuum and that any act taken by a firm is likely to be met by a reaction from thoseaffected, competitors, customers, employees or suppliers.Strategy - about
  8. 8. Strategy is the blueprint of decisions in an organization thatshows its objectives and goals, reduces the key policies, andplans for achieving these goals, and defines the business the company is to carry on, the type of economic and human organization it wants to be, and the contribution it plans to make to its shareholders, customers and society at large.Strategy - what is
  9. 9. 1. Strategy is Significant because it is not possible to foresee the future. Without a perfect foresight, the firms must be ready to deal with the uncertain events which constitute the business environment.Strategy - landscapes
  10. 10. 2. Strategy deals with long term developments rather than routine operations, i.e. it deals with probability of innovations or new products, new methods of productions, or new markets to be developed in future.Strategy - landscapes
  11. 11. 3. Strategy is created to take into account the probable behavior of customers and competitors. Strategies dealing with employees will predict the employee behavior.Strategy - landscapes
  12. 12. Strategy is a well defined roadmap of an organization. It defines the overall mission, vision and direction of an organization. The objective of a strategy is to maximize anorganization’s strengths and to minimize the strengths of the competitors.Strategy - defined
  13. 13. Strategy, in short, bridges the gap between “where we are” and “where we want to be”.Strategy - defined
  14. 14. Thank you … Adeel Ahmedhttp://twitter.com/#!/syedahmedadeel | http://pk.linkedin.com/in/syedadeelahmed | http://adeelahmedsblog.blogspot.com/ | http://www.slideshare.net/sadeelahmed

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