Business Strategy Component
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A Business Strategy Component is a component that constitutes business strategy component essential elements of business strategy through business strategy component specific functions.
- AKA: Strategy Component, Strategic Element, Strategy Building Block.
- Context:
- It can typically define Business Strategy Component Roles within business strategy component overall frameworks.
- It can typically contribute Business Strategy Component Value to business strategy component strategic objectives.
- It can typically interact with Business Strategy Component Relationships through business strategy component interdependencys.
- It can typically support Business Strategy Component Implementation through business strategy component operational requirements.
- It can typically enable Business Strategy Component Measurement through business strategy component performance indicators.
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- It can often align with Business Strategy Component Goals through business strategy component strategic prioritys.
- It can often require Business Strategy Component Resources through business strategy component capability needs.
- It can often evolve through Business Strategy Component Adaptation with business strategy component market changes.
- It can often integrate Business Strategy Component Feedback through business strategy component performance data.
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- It can range from being a Core Business Strategy Component to being a Supporting Business Strategy Component, depending on its business strategy component strategic importance.
- It can range from being a Static Business Strategy Component to being a Dynamic Business Strategy Component, depending on its business strategy component change frequency.
- It can range from being a Internal Business Strategy Component to being a External Business Strategy Component, depending on its business strategy component organizational boundary.
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- It can integrate with Business Strategy for business strategy component strategic coherence.
- It can connect to Business Model for business strategy component operational design.
- It can support Strategic Planning through business strategy component planning elements.
- It can utilize Performance Metric for business strategy component success measurement.
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- Example(s):
- Market Business Strategy Components, such as:
- Capability Business Strategy Components, such as:
- Financial Business Strategy Components, such as:
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- Counter-Example(s):
- Operational Procedure, which defines execution details rather than business strategy component strategic elements.
- Tactical Initiative, which implements short-term actions rather than business strategy component enduring components.
- Performance Report, which measures historical results rather than constituting business strategy component strategic elements.
- See: Component, Business Strategy, Business Model, Strategic Planning, Strategic Management.