3. Introduction
Vision: outlines what the organization wants to be
.
A strategy is a plan of action designed to achieve
a vision
strategic thinking is to seek innovation and
imagine new and very different futures that may
lead the company to redefine its core strategies
and even its industry.
4. Business Models, Strategy and
Tactics
business model refers to the logic of
the firm, the way it operates and
how it creates value for its
stakeholders.
Strategy refers to the choice of
business model through which the
firm will compete in the
marketplace.
Tactics refers to the residual
choices open to a firm by benefit of
Business
Model
Strategy
Tactics