Strategy (Greek "στρατηγία" (strategia), "art of troop leader; office of general, command, generalship") is a general, undetailed plan of action, encompassing a long period of time, to achieve a complicated goal.

Strategy, as a way of action, becomes necessary in a situation when, for the direct achievement of the main goal, the available resources are not enough. The task of strategy is an efficient use of the available resources for the achievement of the main goal. Tactics is the tool to implement strategy, and is subordinated to the main goal of strategy.

Detailing it further, strategy is all about gaining (or being prepared to gain) a position of advantage over adversaries or best exploiting emerging possibilities. As there is always an element of uncertainty about the future, strategy is more about a set of options ("strategic choices") than a fixed plan.

Henry Mintzberg from McGill University defined strategy as "a pattern in a stream of decisions".

Read more about Strategy:  Management Theory, Military Theory, Strategies in Game Theory

Other articles related to "strategy":

Kohan: Immortal Sovereigns - Reception
... micromanagement inherent in real-time strategy games while introducing new concepts to the genre, and for the strong AI opponents and multiplayer support ... the "inability to establish a distinctive atmosphere." The game was nominated for "Computer Strategy Game of the Year" by the Academy of Interactive Arts and Sciences ... It won "Strategy Game of the Year" awards in Computer Gaming World, PC Gamer, Computer Games Magazine, GamePen and other magazines ...
Strategy - Strategies in Game Theory
... In game theory, a strategy refers to the rules that a player uses to choose between the available actionable options ... A strategy may recursively look ahead and consider what actions can happen in each contingent state of the game—e.g ... Strategy based games generally require a player to think through a sequence of solutions to determine the best way to defeat the opponent ...
Batting (cricket) - Strategy of Batting
... must take into consideration the bowler's strategy, the position of the fielders, the pitch conditions, and his own strengths and weaknesses ... The strategy he will decide on will incorporate a number of preconceived attacking responses to the various deliveries he may anticipate receiving, designed ... The success of this strategy will be dependent upon both the accuracy of its conception and the technical ability with which it is carried out ...
Volkswagen Group MLB Platform
... The Volkswagen Group MLB platform is the company's platform strategy, announced in 2012, for shared modular construction of its longitudinal, front-engined, front-wheel drive automobiles ... Volkswagen Group markets the strategy under the code name MLB, which stands for Modularer Längsbaukasten, translating from German to "Modular ... MLB is one strategy within VW's overall MB (Modulare Baukasten or modular matrix) program which also includes the similar MQB strategy for its vehicles with transverse engine ...
Black Path Game - Strategy
... The first player has a winning strategy on any rectangular board with at least one side-length even ...

Famous quotes containing the word strategy:

    To a first approximation, the intentional strategy consists of treating the object whose behavior you want to predict as a rational agent with beliefs and desires and other mental states exhibiting what Brentano and others call intentionality.
    Daniel Clement Dennett (b. 1942)

    That is the way of youth and life in general: that we do not understand the strategy until after the campaign is over.
    Johann Wolfgang Von Goethe (1749–1832)

    Do you think that mere words are strategy and power for war?
    Bible: Hebrew, 2 Kings 18:20.