The Plan
A plan is usually a list of steps taken to accomplish a goal. A plan tackles questions like how, when, where, who, and what? A plan is a good thing to have. In fact, it is vital to the success of almost any effort. However developing a plan should not be the first step in addressing a task.
The Strategy
A strategy is bigger than a plan. Strategy tackles the question of why? It has a large scope and looks at the end result as well as the many paths to the desired outcome. A strategy looks at every possible influencing factor, both seen and unforeseen and comes to terms with the whole situation, not just one end result.
Plan vs. Strategy
A plan says, “Here are the steps,” while a strategy says, “Here are the best steps.” Strategy speaks to the reasons why, while the plan is focused on how.
In a perfect world the strategy always comes before a plan and shapes the details of the plan. A strategy is the overarching wisdom that coordinates all of the plans in order to effectively reach the goals.
1)meaning and difference between plan and strategy in audit?
Chapter 9 – Meaning 1. What does it mean to treat technology as a “thing”? 2. What is the difference between “denotative meaning” and “connotative meaning” in relation to the meaning of technology?
1. Describe the difference between a direct strategy between an informational report or an analytical report. Which have you had the opportunity to do in the business setting? If not currently working, which version of direct strategy report would you think could be used in business writing?
Discuss the difference between a brownfield strategy and a greenfield strategy? Do you think one strategy is better than the other? Explain your answer Please typed not handwritten
What is the difference between level strategy and chase strategy? How is each calculated using an example.
What is the difference between a Cost Leadership strategy and a Differentiation strategy (Porter’s generic strategies)? Can both of them be used with a Focus product/market approach? Is it possible to combine cost leadership and differentiation? How does each strategy help a firm deal with the 5 forces? What differences might you expect in terms of the business capabilities needed to support each strategy?
marketing What is the difference between Blue Ocean strategy or market disruption strategy?. Explain both concepts in your own words.
Carefully explain the difference between a strategy (call it X) being strictly dominant over another strategy (call it Y), and a strategy being strictly dominated by another strategy. Also explain how weak dominance differs from strict dominance.
What is the difference between the meaning of “average” or “mean” when measuring height of different people and measuring the diameter of an object by different peopel using a ruler?
Leader and leadership seem inseparable but yet they carry different meaning. Explain the difference between these two terms?