Levels of strategy defined
While studying for the last exam of my MBS course the International Business, I came across something very interesting for all entrepreneurs I think, not only for managers of large organisations – the five levels of strategy:
Enterprise strategy – what is your purpose in society, why do we exist as an organisation?
Corporate strategy – what business shall we be in now and into the future? What are our core competencies for each?
Business strategy – how shall we compete/collaborate in the business we select?
Operational strategy – how shall we coordinate among processes, people and structures to meet enterprise, corporate, and business strategies?
Individual strategy – what must each individual do to meet organisational goals of the subunit, operations, business, corporate and enterprise strategy?
(Parker, B. (1998) Globalization and business practice : managing across boundaries 1st ed. London ; Thousand Oaks, Calif. : Sage Publications)
kind of obvious, yet…