Citation:
Van den Steen, Eric. "Formulating Strategy." Harvard Business School Teaching Note 714-485, March 2014. View Details
Technical Note HBS Case Collection June 2012 (Revised December 2017) Strategy and Strategic Decisions |
Abstract
This note introduces a framework for formulating strategy that helps a manager identify which decisions are strategic—and thus which decisions to focus on (both when developing strategy and when executing it)—and that provides a practical test for whether a particular set of choices is a strategy. The framework is based on the definition of strategy as "the smallest set of choices to optimally guide the other choices."
Keywords: strategy; Formulating Strategy; Strategic Theory; Strategy Test; Strategic Analysis; Strategy; Theory; Strategic Planning;
Citation:
Van den Steen, Eric. "Strategy and Strategic Decisions." Harvard Business School Technical Note 712-500, June 2012. (Revised December 2017.)