Strategy vs Tactics

Strategy and tactics are very different from each other. In a nutshell, strategic planning is used to figure out where you want to go and how you're going to get there. Tactical planning is used to figure out what you're going to do along the way.Strategy and tactics are two words that are used in business a lot. But, what do they mean? This is more important than many people think, and knowing how to best use each is also very important.While strategy and tactics were initially used in the military, they have been used to plan in many different...

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decision-making process

All of us know the importance of the right decision in our careers and lives. But many people do not realize the importance of decision-making strategies. In simple language, decision-making strategies are our action plan before choosing a course of action out of all the options. Our choices define our position in every situation. It is one of the most primary traits in our professional lives and personal lives. The decision-making skills are a much-required thought process to evaluate each pros and cons of every alternative option. Analyzing through information and process the outcome is difficult. It requires skills and...

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What is a Strategy Map

There's a lot of pieces of the puzzle to fit in during the strategic planning process. How do you define the company's best goals? How do you make sure they get linked? A strategic plan is a fail-safe way to help operate in the right order through the goals and strategies of the company.It is a useful tool for all tactical plans and delivery cycles to put into play.What's the strategic map?A strategic plan is a depiction of goals and how they relate to one another. The map is created and used as a key source during regular review meetings....

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What is a PEST Analysis?

Behind every positive result, there is a good team and a strong tactical plan. When meeting its objectives helps the company grow within the market it belongs to. A business won't go too far without a good idea and a smart team. If a business wants to meet a target, a successful plan must be created to achieve it.The plan will set goals, assign resources, and decide a timeline. It should create checks and assign workers. And must have instructions on how to handle all issues. That is the best way to meet the targets. The organization might have a...

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"Someone is sitting in the shade today because someone planted a tree a long time ago." - Warren Buffett