Leading modules


Module 3 “Where am I going?” – Visioning

Unit 1: What is Visioning
What is a strategy?

The direction the organization is headed in to be able to adapt to a changing environment

Presentation 02_Strategy

What is Strategy?:

In a nutshell…

Strategy is the determination of the basic long-term goals of an enterprise, and the adoption of courses of action and the allocation of resources necessary for carrying out these goals
Alfred Chandler

What is Strategic planning?:
In a nutshell…
Strategic planning is:

an organization’s process of defining:

  • its strategy, or direction, and making decisions on:
    allocating its resources to pursue this strategy.
  • Ιt is here that priorities are set.
  • It may also extend to control mechanisms for guiding the implementation of the strategy.

Source: https://en.wikipedia.org/wiki/Strategic_planning


So, how does strategy connect to the mission statement?

The organization’s strategy uses the mission statement as a guideline in order to:

  • define a set of goals and objectives.
  • plan the steps needed to be followed in order to achieve said goals and objectives
  • decide on the allocation of resources that will be used in order to achieve said goals and objectives