Why organization need to strategize?
- Simply because Strategies Provide Direction, It provides:
- What needs to be done to move from idea to reality?
- Who will do it?
- When to do it?
- What resources are needed?
Now, we have the key issues and milestones for either each one or the overall Vision. The next step is to develop an action plan or strategies. Once goals, objectives, mission & vision and their current situation were developed and identified, the next step is to determine the best strategy to achieve them. Growing the business might involve a strategy of reaching out to new market segments. Or it might involve the development of new products and services—or a change in pricing.
Words to ponder:
Businesses/Organization must select the most appropriate strategies given their goals, objectives, mission & vision and their current situation.
“When we made a list of strategies then review that lists of things that needs to be done it strengthens our strategic determinations as to what it was and where we need to be in order to get tasks done, who else needs to be involved, when it needs to be done by, and why is it even on that list. It might sound odd, but it will absolutely help the organization to stay focus.“