Strategy is no longer a once-a-year process that creates a five-year plan to be placed in a three-ring binder and put on the shelf.
The process of building strategies often becomes permanently mired in the endless requirements of daily business operations. As a result, strategy is often pushed aside because it requires too much time and resources to create an effective one -- and businesses suffer as a result. In "BUSINESS STRATEGY" author Patrick J. Stroh provides readers with a series of real-world examples and proven methods to create plans, execute them and accurately measure the results.
Business strategy, leadership and general management are all inextricably linked or at least should be. It takes a successful business strategy to become a great leader. Strategy starts at the top, as does leadership and general management rules of engagement in a business. Good leaders understand strategy and good strategists need to be good leaders. Business strategy, leadership and general management are all inextricably tied together and all are needed in unison to be successful in business strategy creation and execution.
Source: Patrick J. Stroh: Business Strategy: Plan, Execute, Win!