Excerpt:
Strategic planning turns long-term direction into explicit priorities, resource choices, measurable objectives, and a process for reviewing progress and adapting when assumptions change.
Author: DL8IxElXcaH5AO3EKX0L
What Is Business Strategy? Definition, Types and Examples
Business strategy defines where a company will compete, how it intends to win, and which capabilities and trade-offs are required to create a sustainable advantage.