what is strategic initiative
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- A strategic initiative plan identifies the strategies, or initiatives, that a company will undertake to accomplish its identified goals and objectives.reating Goals and Objectives. It is important during the strategic initiative process to clearly develop goals and objectives that will drive the company's activities and the activities of its staff members.
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Strategic management Strategic planning is a means of administering the formulation and implementation of strategy. Strategic planning is analytical in nature and refers to formalized procedures to produce the data and analyses used as inputs for strategic thinking, which synthesizes the data resulting in the strategy.
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Strategic Implementation By Erica Olsen. Implementation is the process that turns strategies and plans into actions in order to accomplish strategic objectives and goals. Implementing your strategic plan is as important, or even more important, than your strategy. The video The Secret to Strategic Implementation is a great way to learn how to take your implementation to the next level. Critical actions move a strategic plan from a document that sits on the shelf to actions that drive business growth. 1  Sadly, the majority of companies who have strategic plans fail to implement them. According to Fortune Magazine, nine out of ten organizations fail to implement their strategic plan for many reasons:
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- A strategic initiative closes a performance gap. That gap could be the capture of an opportunity or the remedy of a problem. This simple axiom is a powerful screen for recognizing and chartering strategic initiatives. How to Define a Strategic Initiative
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Strategic Defense Initiative The Strategic Defense Initiative (SDI) was a proposed missile defense system intended to protect the United States from attack by ballistic strategic nuclear weapons (Intercontinental ballistic missiles and Submarine-launched ballistic missiles).DI was likely seen not only as a threat to the physical security of the Soviet Union, but also as part of an effort by the United States to seize the strategic initiative in arms controls by neutralizing the military component of Soviet strategy.
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AMERICAN HISTORY EXAM REVIEW Strategic Defense Initiative (SDI), former U.S. government program responsible for research and development of a space-based system to defend the nation from attack by strategic ballistic missiles (see guided missile).
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- Strategic business units, or fully functional and distinct units of a business that develop their own strategic vision and direction, provide organizations with the necessary flexibility to maneuver through dynamic business environments while captivating the market and providing value to the core of the company.
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Strategic management Strategic management involves the formulation and implementation of the major goals and initiatives taken by a company's top management on behalf of owners, based on consideration of resources and an assessment of the internal and external environments in which the organization competes.
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Strategic Defense Initiative Strategic Defense Initiative - Student Encyclopedia (Ages 11 and up) The Strategic Defense Initiative (SDI, or Star Wars) was a proposed U.S. strategic defensive system against potential nuclear attacks-as originally conceived, from the Soviet Union. The SDI was first proposed by U.S. President Ronald Reagan in a nationwide television address on March 23, 1983.
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- 1 Include Strategic Initiatives to focus attention on the most important performance improvement projects. 2  Offer a Supporting Toolkit, including terminology, concepts, steps, tools, and techniques that are flexible and scalable. 3  Align Strategy and Culture, with a focus on results and the drivers of results.
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Five Common Challenges To Strategic Planning Strategic planning is a process, an outcome, and, in its best form, a roadmap used by stakeholders throughout an institution to move the institution toward higher levels of achievement. Strategic planning is also a much maligned endeavor, subject to the usual (and frequent) criticisms: too much time, too much money, and too little action.
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What Are the Basic Elements to a Strategic Partnership? The parties in a strategic partnership can opt to create a separate entity of which they share ownership. This entity is termed a joint-equity venture. The parties decide what percent of the venture they each own.he assets each firm contributes to the strategic partnership can be tangible or intangible. One firm's prestige may benefit the other, for example. Firms may also contribute resources such as finances, expertise, infrastructure, labor and equipment. Furthermore, they may share their access to markets.
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Strategic partnership Strategic partnership. A strategic partnership (also see strategic alliance) is a relationship between two commercial enterprises, usually formalized by one or more business contracts. A strategic partnership will usually fall short of a legal partnership entity, agency, or corporate affiliate relationship. Strategic partnerships can take on various forms from shake hand agreements, contractual cooperation's all the way to equity alliances, either the formation of a Joint venture or cross-holdings in each other.
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- Strategic Intent Definition. The strategic intent of an organisation describes how the firm’s energy and resources are channelled into a focused and unified overall goal (Daft et al., 2010; Hamel & Prahalad, 1989).
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Definition of âstrategic investmentâ - English Dictionary strategic investment definition, meaning, what is strategic investment: investment by a company that is intended to make it more successful over time, for…. Learn more.
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The Defense Innovation Initiative (DII) The Defense Innovation Initiative (DII) is a Department-wide initiative to pursue innovative ways to sustain and advance the capabilities of the “force of the future.” The U.S. changed the security landscape in the 1970s and 1980s with networked precision strike, stealth and surveillance for conventional forces.
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- This implementation plan focuses on the specific institutional strategies and tactics that will be. used to address the strategic initiatives and achieve the associated goals. The enhancement of the. five interdisciplinary areas will be implicit in the aligned strategic plans of the colleges and.
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Strategic planning Strategic planning. Not to be confused with Strategic thinking. Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy.
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The Role of Strategic Thinking in Business Planning The Strategic Thinking Process. Strategic Thinking is the combination of Innovation, Strategy Planning, and Operational Planning. The process begins with Innovation. We try to create the ideal future and consider the plans needed to achieve them and to see them through.
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Develop the Strategic  Plan and SWOT Develop the Strategic Plan and SWOT. Strategic planning is creating a vision of the future and managing toward that expectancy. It's operating under a mission statement umbrella that focuses the organization's effort. It's an effective process for aligning your short-term decisions with your long-term goals.
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What was the Strategic Defense Initiative? the purpose of the strategic defense initiative was to use ground and space based systems to protect the United States from nuclear ballistic missiles.
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Strategic sourcing Strategic sourcing. Strategic sourcing is an institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company. In the services industry, strategic sourcing refers to a service solution, sometimes called a strategic partnership, which is specifically customized to meet the client's individual needs. In a production environment, it is often considered one component of supply chain management.
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Strategic Defense Initiative Strategic Defense Initiative. The Strategic Defense Initiative (SDI) was a proposed missile defense system intended to protect the United States from attack by ballistic strategic nuclear weapons (intercontinental ballistic missiles and submarine-launched ballistic missiles).
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ITC Ltd, Indiaâs Biggest Tobacco Company, Halts Cigarette Production Over New Government Regulations ITC Ltd, India’s Biggest Tobacco Company, Halts Cigarette Production Over New Government Regulations. ITC Ltd., the largest player in India’s $10 billion cigarette market, shut its cigarette factories Friday to protest against new government rules that call for bigger health warnings on its packets. Pictured: A man smokes a cigarette along a road in Mumbai, India, Jan. 6, 2016. Photo: Reuters/Shailesh Andrade. ITC Ltd., the largest player in India’s $10 billion cigarette market, shut its cigarette factories Friday to protest against new government rules that call for bigger health warnings on its packets.
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Strategic Defense Initiative Strategic Defense Initiative. The Strategic Defense Initiative concept envisioned a three-tiered defensive system - creating the ability to intercept a target missile in the boost, midcourse and terminal phases of its flight.
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- Vision into Results….Definition of a Strategic Initiative. This blog provides thought leadership on strategic initiatives. It is a resource for practitioners, executives, and academics. It also provides additional information for participants in my popular seminar, Leading Strategic Initiatives (Program Management) [See top of page for a link]. Definition of a Strategic Initiative. A strategic initiative (SI) is an endeavor intended to achieve three interrelated outcomes: A boundary-spanning vision or “strategic intent”