July 2021 | Vol 12 | Issue 7

~ Employee Engagement Snackies ~

# PRANA. The vital energy. Watch your breath.

# Integration: The Soldier, the Sage and Nelson Mandela.

# APPRECIATION: The tiger cub, a chasm and a herd of goats

# THE SUPERVISOR: The Orchestra Conductor & Supervisor

# Inquiry challenge: The difficult skill of staying non-judgemental.

# Reconciliation: The joint family, nuclear family & Interface Inc.

# How do we build an Engaged Organization?


Strategy. How did this term with a distinct military legacy come to be applied so extensively in business? What exactly is in it that every business organization swears by?

This issue of Sattva explains the concept of strategy in a nutshell and brings together the perspectives of respected management thinkers. Get to know how business strategy has evolved over the decades and its successful applications in long-standing and global organizations.

The Editorial Team
VIDEO: STRATEGY: The second element of Actualisation; the story of the master burglar and his protege

Strategy refers to the high-level planning needed to achieve one or more goals, under uncertain conditions.

Dr. Sunil Maheshwari, Dean – Samatvam Academy neatly delineates the many layers that comprise Strategy and how the exercise helps one to grasp the future consequences of the present action. He appropriately pitches the example of Mr. Yogi Deveshwar's strategy for ITC (from 1996 to 2016), which is one of the finest examples of organizational transformation. More
RESEARCH NOTE: Business Strategy. What exactly is it?

Strategy is a plan. A pattern. A ploy. A perspective. And much more. From a business view point, strategy - in short - is something that is needed to conceive, grow and sustain a business operation. An entrepreneur needs appropriate business strategy to convert innovation into a successful venture.

This note elaborates the meaning of strategy in its entirety, as explained by the reputed management thinkers.

1. Meaning of Strategy
Strategy as Plan, Ploy, Pattern, Position, Perspective

2. Contents of Strategy
Locating the core business, Distinguishing the core business, Elaborating the core business, Extending the core business, Reconceiving the core business

3. Levels of Strategy
Corporate Strategy, Business Unit Level Strategies, Functional Strategies

4. Business Strategy
Where to play? How to play? Bases of differentiation

Read the full note.
Engage!: Co-creating Organizational Vitality and Individual Fulfilment

Excerpt #9: Managerial Efficacy
The process of management involves the use of knowledge and skill, in the exercise of judgment and decision-making. Judgment may be about reality (assessment of the facts in a situation), or about the value (the significance of those facts).

Managers reside at the third rung of the hierarchy of accountability. They direct the operations of a functional area or regional unit. In doing so, managers are expected to integrate their respective activities with the mission and vision of the larger organization.

Read more about the Managerial Efficacy in the book ENGAGE!. Available here.

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