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A Plan is not Strategy

  • A plan is not a strategy, and a strategy is not a plan. Plans are specific deliverables within an organization’s control, while strategy focuses on outcomes that cannot be fully controlled.
  • Good strategy answers three critical questions: where to play, who the customers are and what they want, and how to win. The desired outcome is also clearly defined.
  • Strategy involves making hard decisions with no guarantees, aiming for the best shot at a desired outcome. Plans are necessary to execute strategy but are not the strategy itself.
  • In a world of strategic planning, true strategizing gives organizations a competitive advantage by making tough choices and aligning departments effectively.

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