Overview of Strategy
Overview of Strategy 1. Objectives : you’re launching a new product, planning a marketing campaign, or even playing a game. 2. Information : Research and data collection are essential. Understanding the environment, market trends, and customer preferences helps you make informed choices 3. Analyze : SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) is a powerful tool. identifying your strong pieces, weak spots, potential moves, and threats 4. Strategy : Involves creativity and decision-making. It is opening moves in chess or decides on your market positioning 5. Implement : Execution time! Imagine you’re playing a real-time strategy game. It’s about deploying troops, building structures, and capturing territories 6. Monitor : Just like adjusting your strategy during a chess match, you need to adapt. Monitor progress, gather feedback, and be ready to pivot 7. Evaluate : Celebrate successes, learn from failures, and itera