Strategy
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*[[Strategy and Practice 3 - Living Strategy]] | *[[Strategy and Practice 3 - Living Strategy]] | ||
*[[Strategy and Practice 4 - Future Focused Strategy]] | *[[Strategy and Practice 4 - Future Focused Strategy]] | ||
| − | *[[Strategy and Practice 5 - | + | *[[Strategy and Practice 5 - Innovation-Based Strategy]] |
| − | *[[Strategy and Practice 6 - | + | *[[Strategy and Practice 6 - [[Acquisition-Based Strategy]] |
*[[Strategy and Practice 7 - Thinking and Acting Strategically]] | *[[Strategy and Practice 7 - Thinking and Acting Strategically]] | ||
*[[Strategy and Practice 8 - Corporate Governance]] | *[[Strategy and Practice 8 - Corporate Governance]] | ||
Revision as of 19:26, 28 December 2010
Strategy refers to a plan of action designed to achieve a particular goal. The word is of military origin, deriving from the Greek word στρατηγός (stratēgos), which roughly translates as "general".[1]
In military usage strategy is distinct from tactics, which are concerned with the conduct of an engagement, while strategy is concerned with how different engagements are linked. How a battle is fought is a matter of tactics: the terms and conditions that it is fought on and whether it should be fought at all is a matter of strategy, which is part of the four levels of warfare: political goals or grand strategy, strategy, operations, and tactics
