
Strategic theory
Strategic theory is the study of how individuals, organizations, or nations plan and execute actions to achieve long-term goals. It involves analyzing strengths, weaknesses, opportunities, and threats to make informed decisions. Essentially, it’s about understanding the best ways to position oneself in a competitive environment, anticipating future challenges or opportunities, and choosing the most effective paths to success. Think of it as a carefully crafted blueprint for navigating complex situations, balancing resources, and making smarter choices to gain a strategic advantage over others.