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Intro to Strategy
Introduction to Strategy: Strategy Principles 1 • 1m 24s
We're talking about strategy. It sounds important, but what is it, really?
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What is Strategy?
Strategy is guidelines for decision-making amidst competitive uncertainty, to get an advantage.
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Why is Strategy Important?
Strategy helps deal with the 3 "C's" of the competitive environment: complexity, competition, and constraints.
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Planning vs Learning Strategies
Sometimes a plan is necessary. But sometimes the best plan is no plan at all.
