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What is strategy? | From A Business Professor

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  • Опубліковано 18 сер 2024
  • Without a strategy, a firm will be like a boat with no anchor flailing about in the open sea. A good strategy could explain how a company plans to compete in a market and how it intends to grow at a profit. In this video, I will discuss what is strategy? What is competitive advantage? Why strategy is so important for a firm, and what are the key steps to formulate a business strategy.

КОМЕНТАРІ • 5

  • @kironshrestha793
    @kironshrestha793 Рік тому

    This video was so useful and full of information and it will teach you how to do strategy in the business and help to grow the business and what are the advantages of doing smart strategy. What is the point to follow the strategy and help to build the firm. strategy is a set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors.

  • @joaquinbianchi4137
    @joaquinbianchi4137 Рік тому

    This video was really useful and it contained a lot of information about strategy. I have learned tons from this video and I hope to apply it in the future.

  • @JasMin-lq3we
    @JasMin-lq3we Рік тому

    Can you make about Organizational Change?