Aung Thura’s Post

View profile for Aung Thura, graphic

I help brands grow. Insights | Strategy | Consult | Mentor

Levels of strategy. The type of strategy mainly sits in Business and Operational Strategy Levels... if one believes that Marketing is a growth driver for the business.

View profile for Igor Buinevici, graphic

Driving your personal and financial growth | Top 10 LinkedIn Creator Worldwide & #1 Finance LinkedIn Creator Globally | Senior M&A Executive | ex-Goldman | LSE Alumnus

Did you know there are several levels of business strategy? These include corporate, business, functional, and operational levels. Understanding these different levels is crucial for every business leader. Strategies can range from simple to complex, just like businesses. However, the fundamental principles of strategy apply whether you’re managing a large corporation or a small startup. Let’s delve into these different levels to see how they function in various scenarios: Corporate Level Strategy: Sets the overall direction and long-term vision of the organization. Developed by top leadership, focusing on conceptual planning. Typically spans a 3-5 year period, determining where the organization should operate. Business Level Strategy: Targets goals set by specific business units within the organization. Aims to gain a competitive edge in specific markets. Involves key decisions like differentiation or cost leadership strategies. Functional Level Strategy: Designs strategies for individual departments within the organization. Ensures departmental activities align with broader organizational goals. Addresses unique challenges and opportunities in each functional area. Operational Level Strategy: Focuses on the day-to-day execution and implementation of plans. Turns strategic plans into actionable steps and results. Emphasizes short-term goals, resource allocation, and project management. A good strategy doesn’t guarantee success, but it’s an essential starting point. To achieve success, you must understand all levels of strategy. And pay attention to each one. P.S. Are you paying enough attention to each level of strategy? 📌 To get a high-res PDF of this: 1) Follow me (Igor Buinevici) 2) Subscribe to my newsletter at WildCapital.co You will get this PDF (+15 others) directly in your welcome email.

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics