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From course:

Industrial Strategy 2022

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Question:

What are examples of things that is not a strategy, but people think is a strategy?

Author: Hjalmer Pedersen



Answer:

A good strategy is simple. Ambition, leadership, vision, planning, or the economic logic of competition has nothing to do with strategy. A good strategy honestly acknowledges the challenges being faced and provides an approach to overcoming them. Strategy is all the elements and components of how to win.


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