Operational Strategy
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Welcome to the Operational Strategy page
Description
What is Operational Strategy?
Strategic management includes
- understanding the strategic position of an organisation,
- making strategic choices for the future
- and turning strategy into action.
Johnson and Sholes, 2002
'Long term thinking', 'Ethical decision making' and 'Operational Strategy', falls under the heading of strategic management.
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Thinking about the concept
A visual thesaurus search is always an excellent starting point to discuss a concept definition:
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Relations of Operational Strategy within Corporate futuring (and Organisational futuring)
There exists a close vertical relationship within Corporate futuring:
- Outer focus: Operational Strategy
- Other focus: Ethical decision making
- Inner focus: Long term thinking
On the Outer focus level, a direct affiliation exists with:
Corporate futuring and Organisational futuring intertwine, on the Outer focus level, through:
In concrete terms, this means:
- The trio - 'Long term thinking', 'Ethical decision making' and 'Operational Strategy' - is inextricably linked.
- Your 'Operational Strategy' contributes substantially to 'Financial management' and 'Business model'.
- To realise your 'Operational Strategy' through 'Financial management', you need a 'Requisite organisation'. Even so, to realise your 'Business model', you need the right 'Human capital'.
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Questions we can ask ourselves when contemplating our Operational Strategy
- Is our 'Operational Strategy' based on 'Long term thinking'?
- Are our decisions based on ethical standards?
- Is our 'Operational Strategy' robust enough to generate a viable 'Business model'?
- Is our 'Operational Strategy' keen enough to create financial flows?
- Or is our 'Operational Strategy' a collider or a mediator between our 'Business model' and our 'Financial management'?
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