
Strategic Initiative
A strategic initiative is a targeted plan or project that an organization undertakes to achieve specific long-term goals. It’s like setting a course to improve or grow the business, focusing resources and efforts on key actions that will make a meaningful difference. These initiatives help translate overall strategy into actionable steps, guiding decision-making and aligning teams toward common objectives. By prioritizing strategic initiatives, organizations can allocate their time and resources effectively to drive progress and ensure that their vision for the future is realized.