Strategy

Strategy is the art of achieving goals.

Since then, to devise and execute strategy to achieve one’s goals one has to establish a thorough understanding of  the system one is dealing with and its environment and propose a clear and focused outline for measures that need to be taken minding every aspect of system methodology in one’s circumstances (examples provided):

  • system, its scope and boundaries (business entity, ecosystem)
  • system goal function (value creation)
  • system state (strategic ideal)
  • managing system (corporate governance)
  • management (value-based management, total bank management)
  • evolution path (digital transformation)
  • feedback (performance measurement)