A strategy is a long term plan of action designed to achieve a particular goal, as differentiated from tactics or immediate actions with resources at hand. Originally confined to military matters, the word has become commonly used in many disparate fields, such as:

• Business strategy
• Chess strategy
• Economic strategy
• American football strategy
• Military strategy
• Marketing strategies
• Game theoretical strategy
• Strategic management
• Technology strategy
• Tennis strategy
• Trading strategy

Origins of the word

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The word derives from the Greek stratēgos, which referred to a 'military commander' during the age of Athenian Democracy.

What is a strategy? - An umbrella plan encompassing a number of smaller plans for some objective.

Casual and Formal Interpretations of the concept

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A strategy is typically an idea that distinguishes a course of action by its hypothesis that a certain future position offers an advantage for acquiring some designated gain. The description of the idea is generally prepared in prescriptive documentation.

Historic Texts On Strategy

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The nature of historic texts differs greatly from area to area, and, while there are some potential parallels between various forms of strategy (noting, for example, the popularity of the Art of War as a business book), each domain generally has its own foundational texts, a brief mention of some of these follows:

• Political strategy
  • The Prince published in 1532 by Niccolò Machiavelli
• Military strategy:
  • The Art of War written in the 6th century BC by Sun-tzu
  • On War by Carl von Clausewitz
  • The Influence of Sea Power upon History by Alfred Thayer Mahan
• Economic strategy
  • General Theory of Employment, Interest and Money published in 1936 by John Maynard Keynes
• Business strategy
  • Competitive Strategy by Michael Porter
  • "Strategy Concept I: Five Ps for Strategy" and "Strategy Concept II: Another Look at Why Organizations Need Strategies" by Henry Mintzberg

See also

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• Board of directors
• Nuclear strategy
• Strategic advantage
• Strategy game
• Strategic planning
• Strategy dynamics
• Synergy
• Tactics

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