Description: Strategy is a plan of action to achieve long-term goals by utilizing resources effectively and efficiently.
Description: Strategy focuses on long-term goals and overall direction. Tactics are specific actions to achieve immediate objectives.
Description: Levels of business strategy: corporate (overall direction), business (competitive advantage), and functional (operational decisions).
Description: Strategy pyramid outlines hierarchical goals. Strategy map visually connects objectives, showing cause-and-effect relationships for strategic alignment.
Description: A strategy roadmap outlines key steps and milestones to achieve strategic objectives over a defined period.