Diagnosis as a key strategic element
The diagnosis is the first step in defining a business strategy. The other two are the guiding policy and a set of coherent actions.
In business, we often deal with change and competition. A good diagnosis should aim to assess the structure of the challenge, and replace the complexity of reality with a simpler, more focused story, one that calls attention to its crucial aspects.
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Coherent actions as a key strategic element
A set of coherent actions is the final step for defining a good business strategy. The [[diagnosis Diagnosis as a...
Guiding policy as a key strategic element
Defining a guiding policy is the second key component of a good business strategy, the first one being the [[Diagnosis...
Working hard is not a strategy
In the business world, the word strategy is often thrown around together with words such as ambition, leadership, and determination....