A captive to my sword and to my lance, noble Captain,'' replied the Clerk of Copmanhurst; ``to my bow and to my halberd, I should rather say; and yet I have redeemed him by my divinity from a worse captivity.
An organizational strategy is the sum of the actions a company intends to take to achieve long-term goals. Together, these actions make up a companyâs strategic plan. Strategic plans take at least a year to complete, requiring involvement from all company levels. Top management creates the larger organizational strategy, while middle and lower management adopt goals and plans to fulfill the overall strategy step by step.
These goals, and the subsequent planning, will always lead to the progress of the organization. The progress of the organization is the reason that planning is important for the management. Decision making â Whenever you make a marketing plan, you know what you want to achieve in a given time frame. At the same time, you are clear what the future holds for you and what is the ultimate goal.