Participative Strategy ensures collective ownership
Strategy is the art and science of positioning and deploying available resources. In chess, it consists of placing the pieces in the appropriate sector of the board and ensuring that the pieces coordinate harmoniously in order to reach their objective. In business, strategy leverages core competencies and positions products and processes in order to stay ahead of the competition.
Due to today’s ever-changing environment, strategy can no longer remain the domain of the few. All leaders throughout the organization need to know how to think strategically and take strategic decisions when needed. The use of participative strategy encourages creativity and innovation from within as well as enhances the implementation process throughout all levels of an organization.
