BreakOUT Information

Action Articles for Business Owners

blog image

Strategic Thinking

September 05, 20231 min read

Sound STRATEGIC THINKING is critical to business success.

The strategies chosen will have the controlling influence on the successful accomplishment of any business plan.  Consequently, it is essential to understand what strategy is and does...and what it is not. 

STRATEGY focuses on EFFECTIVENESS...which is doing the


TACTICS by contrast emphasis EFFICIENCY...which is doing


Both are important, but becoming more efficient in doing the wrong things will only waste time and resources, so identifying the right strategies and constantly testing them is critical.  There are huge costs to choosing the wrong strategies.  Consequently, management must be open to changes or adjustments in corporate strategies when indicated. That is what it takes to continuously maximize the "return on effort" as well as the "return on investment" inside any organization.

Sound strategy development always demands

more THINKING...and better THINKING.

blog author image

Richard Mowrey

WSJ and USA Today Best Selling Author

Back to Blog

Take Action: Start Today to Increase the Value of Your Business

© 2024 Management Services & Development, LTD. and Richard Mowrey - All Rights Reserved

© 2024 Company Name - All Rights Reserved, consectetur adipiscing elit. Maecenas commodo suscipit tortor, vel tristique sapien