If you look up the word Strategy in a place like wiki, there will be quite a few options. They include Strategic management, Marketing strategy, Technology strategy, Digital strategy, Trading strategy & Grand strategy etc...
The following is a summarization of how a strategy comes up and will impact the nature of execution in general. Formal proposals of strategies have and most often without any recognition of psychological backdrop are made and executed.
In ordinary circumstances, every individual follows a systematized approach towards achieving their daily targets, however mundane as they can get, the objective to start and finish is always laid out. Even if you insist that you are not going to leave the bed, it still is a objective.
Thus, every strategy has a objective. A target. A pathway that gives the Start to finish points, if you focus on the objective, your strategy often forms itself.
Strategy becomes more and more complex in direct proportions to the number of variables. Variables are people, circumstances, multiple, smaller objectives.
Thus, a strategy could take longer to form as several anomalies need addressing.
Some of the common practices adopted to neutralize anomalies is to do trial level smaller strategic implementations whose outcome carries only one sole purpose, further advance the main strategy.
Now, no strategy is fully fool proof, provided the counter strategy develops formative understanding of the original strategic goals and works against the objective with clear understanding of the execution.
Strategies chiefly apply at work areas, including team based operations which starts off by the building of a team, the team dynamics often determines the success of a project and hence very clear picture of roles played by each team member should be highlighted or at least that’s how I work.
This helps me form a mutually respectable scenario among the members, with each member feeling their significance and developing a passion, focus on what they need to do and when they do what they at their best, the results are obvious, success is almost always achieved.
Was just thinking in these lines...
ReplyDeleteThough corporates talk about strategic decisions, with clearly set goals / objectives and then executing them etc...I think most of the time - the decisions are more a gut feel of an individual / team - typically the top management and the so called strategy actually disappears