Organizational Strategy

Organizational strategy refers to a plan that a company develops to achieve its long-term goals and objectives. It outlines how the organization will use its resources, such as employees, finances, and technology, to gain a competitive advantage in its market. This strategy includes setting priorities, making decisions about where to allocate funds, and determining which markets to pursue. Ultimately, a well-defined organizational strategy helps the company navigate challenges, adapt to changes, and position itself for future success while aligning the efforts of all employees towards common goals.