strategy vs tactics

Good strategy is not without its challenge.

FOUR MYTHS OF STRATEGY

Myth No. 1: Content Is King Myth No. 2:

Consensus Equals SuccessMyth No. 3: Exclusion Is Efficient

Myth No. 4: Communication Creates Commitment

Habit #1Have clear goals

Habit #2Be a constant learner, change and evolve as required.

Habit #3Sense of urgency wins.

Habit #4Set a pace that you can maintain forever.

Habit #5I like to have a number of success mantras; Habit #6Be Fit.

Habit #7Study time management

Habit #8Nurture a network.

Habit #9Fail often, fail fast, fail cheap.

WTDN

THE END…

THANK YOU!!!

: ) ESAP

What to do next: -In order to have the implementation of

our strategies… both marketing and managerial strategies, we must challenge our selves to strive hard and me, as in the position of accounts receivable assistant, must have the eagerness and the drive to motivate the people within the organization especially in the SBU to be more competitive in collections and sales.

- We should also be more cooperative in building ideas and imposing those that will create good strategies and tactics.

- We must be very observant of the competitive worlds. So we are aware of what’s new, what’s in and what we will keep abreast upon.

- We must be very vigilant in hiring and training people. As what I have learned, it is not about the finding the perfect group size, it’s all about gathering together the right people.

- Each of us must get anything important done. By replacing a bad habit with a good habit, in order to have the balance needed to be successful.

The substance of the strategy must be composed of realistic objectives and the most accurate and valid information.In their quest to create a strategy that can credibly stand up to the scrutiny of these criteria, companies often employ outside experts, such as consulting and marketing firms, to analyze, research and benchmark their industry, competitors and markets. They use tools such as a SWOT (strengths, weaknesses, opportunities and threats) analysis to help create objectives that address both the past performance and current circumstances of the company.

In the eyes of many leaders, the ultimate level of strategic plan is simply consensus. Everyone in the organization must have the understand their shared values and goals. There must be a broad agreement on all issues, decisions, reasons and purpose.

Executives often believe that the fewer people involved in the process, the easier it will be. As such, they often limit participation to a small group of business unit heads or the strategy development group.

Only by listening to what workers are saying ( through both their words and their behavior) the leaders will become aware of and will able to address the issues that are preventing them from embracing the company’s strategic objectives. Actions taken, commitment to the strategic plan follows suit.

Habit #1Have clear goals

The clearer you know where you want to go and what your goals are, the more likely you are to get there. Have a vision. Everything happens first in the mind.

Habit #2Be a constant learner, change and evolve as required.

This means attending seminars, reading, and listening to audio books. By making learning a habit, this could be one of your competitive advantages.

Do it now; have a propensity for action; make decisions

quickly. I have found in business that the successful people are

those who have a huge sense of urgency. They always want to get it done sooner and now cultivates

the habit of doing it now.

you need to figure out what gives you strength and energy.

Habit #5Success Mantras;

Get your head in the game

Narrow your objectives.

Steady your reactions.

 Know and stick to your moral compass.

Habit #6Be Fit.

fitness gives energy and energy is what allows

us to get things done.

Habit #7Study time management. OK - a plug for my ebook, book and cd.

We all have the same amount of time; it is a matter of how we use it and how much we get done.

Habit #8Nurture a network. Reviewing the address book, keeping in touch with people and trying to add value to them. The more we nurture this company, the more we can get things done.

Habit #9Fail often, fail fast, fail cheap.

In order to move forward, sometimes we have to fail. Don't let failure stand in the way of trying to move forward. You are not a failure if you fail; you are a failure if you don’t try.

Think about and decide what your success habits will be. Today is the first

day of the rest of your life.

 Strategy is the thinking aspect of

planning a change, organizing

something, or planning. Strategy lays out the goals

that need to be accomplished and

the ideas for achieving those

goals.

Tactics are the meat and bread of the strategy. They are the

“doing” aspect that follows the

planning. Tactics refer specifically

to action.