Noun

Singular strategy

Plural strategies

strategy (plural strategies)

1. The science and art of military command as applied to the overall planning and conduct of warfare
2. A plan of action intended to accomplish a specific goal
3. The art of using similar techniques in politics or business

Derived terms

• stratagem
• strategic
• strategics
• strategist
• military strategy

Coordinate terms

• (an art of using similar techniques in politics or business): tactics

A strategy is a plan of action designed to achieve a particular goal. The word strategy has military connotations, because it derives from the Greek word for army.

Strategy is different from tactics. In military terms, tactics is concerned with the conduct of an engagement while strategy is concerned with how different engagements are linked. In other words, how a battle is fought is a matter of tactics: whether it should be fought at all is a matter of strategy.

Strategies in game theory

In game theory, a strategy refers to one of the options that a player can choose. That is, every player in a non-cooperative game has a set of possible strategies, and must choose one of them.

A strategy must specify what action will happen in each contingent state of the game - e.g. if the opponent does A, then take action B, whereas if the opponent does C, take action D.

Strategies in game theory may be random (mixed) or deterministic (pure). That is, in some games, players choose mixed strategies. Pure strategies can be thought of as a special case of mixed strategies, in which only probabilities 0 or 1 are assigned to actions.

A strategy is a long term plan of action designed to achieve a particular goal, as differentiated from tactics or immediate actions with resources at hand.

Contents

• 1 Sourced
• 2 Unsourced
• 3 External links
• 4 See Also

Sourced

• Do you think that mere words are strategy and power for war?
  • The Bible: 2 Kings, 18:20

• To win by strategy is no less the role of a general than to win by arms.
  • Julius Caesar [Gaius Julius Caesar] (100–44 B.C.), Roman general, statesman. The Civil War, 1.72

• Business strategy is a battle plan for a better future.
  • Patrick Dixon Building a Better Business (2005)

• You can have the greatest strategy in the world but what is the point if no one cares?
  • Patrick Dixon Building a Better Business (2005)

• Change is the (occasionally) skilful redirecting, renewing, and reconnecting of stuff (like time, money, things, jokes, knowledge, hopes, passion, and dreams) into something better for us, for someone, even for everyone.
  • Max Mckeown, '2007, Management Issues' - www.unshrink.org

• All strategy is executed through "common" people. If they don't work with the strategy then it will fail however clever, visionary, or insightful. When people work to make a strategy a success then it may succeed even if it is flawed.
  • Max Mckeown, '2006, Management Issues'

From Wikiquote under the GNU Free Documentation License.
Wed Jul 8 21:22:06 2009