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research-on-strategic-problem-of-companies

What research reveals about most companies’ strategic problems

Every business leader and every executive in the strategy room understands the importance of strategy in achieving the company’s goals. However, despite the prevalence of strategic planning, many companies still struggle to create and execute an effective strategy. Research has identified several common problems companies face when developing and implementing strategic plans. Some of the…

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defining-business-strategy

Defining business strategy

Business strategy as a term is frequently used in the world of commerce, yet its definition can be pretty elusive. Essentially, business strategy refers to a company’s plan of action to achieve its long-term goals and objectives. It involves the allocation of resources, the identification of key strengths and weaknesses, and the implementation of tactics…

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