What is Strategy? A Practical Approach for Business Leaders

What exactly is strategy?

Many organisations mistake goals and tactics for strategy.

Saying “we want to grow revenue by 20%” is not a strategy—it’s an aspiration.

Real strategy is about making deliberate choices that position a business for success.

A strong strategy answers three key questions:

-Where are we now? (Understanding current market position, competitive forces, and capabilities)

-Where do we want to be? (Defining a compelling vision and achievable goals)

-How will we get there? (Developing the steps, tactics, and resource allocation to execute)

Strategy is about making choices under uncertainty.

The best strategies focus on differentiation, long-term resilience, and competitive advantage.

However, without proper execution and adaptation, even the most brilliant strategies can fail.

For businesses seeking a structured, real-world approach to strategy, The Sixsess Consultancy offers two tailored Business Growth Masterclasses:

For SMEs, founders, and entrepreneurs:

Learn more: https://sixsess.org/training/business-growth-masterclass-for-smes/

For professional consultants and strategists:

Learn more: https://sixsess.org/training/business-growth-masterclass-for-enterprise-organisations/

What strategic choices have shaped your business?

Share your experiences below.

For further insights into business growth and strategy, please also take a look at our strategic partners and courses co-facilitators StratNavApp.com

https://www.stratnavapp.com/Articles

and our own guides: 

https://sixsess.org/guides/

Thank you.

Barry Eustance CMgr MCMI
Principal Consultant
The Sixsess Consultancy
https://sixsess.org/

clientservices@sixsess.org

Tel: +44 23 8212 1891

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