Contents
Mentor’s Message: The Power of a Well-Executed Strategy xi
Executing Strategy: The Basics 1
The Role of Strategy 3
A big-picture view of what strategy is and why it’s important.
What is strategy? 4
Why is strategy important? 5
How is strategy formulated? 5
This book’s focus 6
A note about terminology 6
The Strategic Plan: Four Key Elements 7
Spotlight on crucial elements of a strategy plan.
Direction statement 8
Strategic objectives 9
Priority issues 11
Action plans 12
vii
PMS 001-128 r2 dd 5/15/09 1:08 PM Page vii