What Is Strategy?

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There are several key aspects that are fundamental to all forms of strategy. There’s 1) an understanding of where you are now, 2) a clear sense of where you want to end up, 3) an assessment of what stands in between, 4) a decision about how to approach the challenge, and 5) a specific course of action to undertake.

From: Undercurrent.com, What Is Strategy? Mike Arauz