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Long Term Strategy Planning

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What is strategy? Why is long-term strategy planning important?

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This solution defines strategy and explains, with examples, why long-term strategy is important. Includes APA formatted reference.

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Strategy is the plan of action that an individual or organization makes to achieve their mission or goal. It consists of both policy and action and affects the culture of the organization. Michael Porter points out that strategy is not the steps one is going to take, but the unique position the company will be able to achieve or the advantage it ...

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Sally Baldwin, Ed.D
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  • BA, University of Southern California
  • MSS, United States Sports Academy
  • Ed.D, Boise State University
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