Review article
Basics of Strategy: Theory and Practice
Karlo Ivanković
; Ministarstvo obrane Republike Hrvatske
Davor Ćutić
; Ministarstvo obrane Republike Hrvatske
Abstract
This paper aims to examine how traditional military strategy theories align with contemporary challenges in national defense by comparing the views of selected strategy theorists. The analysis will focus on how these theorists define the features of strategy, its purpose and significance, the different levels of strategy, and the influence of these theories on decision-making. It describes the evolution of strategy as a concept and theory, offering several definitions in the field of military strategy and the field of business strategy. It also analyses eight selected features of strategy that provide a theoretical framework and describe what strategy is and what constitutes a quality strategy. Furthermore, it outlines the purpose of strategy as a planning tool and the reasons for its importance. The characteristics and distinctions between the two levels of strategy in military and political terms are analysed. Since The main purpose of a strategy is to provide a clear and focused plan for accomplishing long-term goals and objectives. It serves as a roadmap that guides decision-making, resource allocation, and actions in a way that aligns with the overall vision of an organization, business, or individual. In conclusion, the need for modern strategies is identified, and the direction they should take is discussed.
Keywords
strategy; strategic decision-making; strategy theory; strategy features; strategy development
Hrčak ID:
323469
URI
Publication date:
13.12.2024.
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