The managers
of a company design a determined strategy because they believe that
they can achieve their goals and ensure the survival of the company
using it. However, a company should be able to respond clearly to
the following questions: what are the objectives? what actions do
we have to carry out in order to achieve our objectives?
In the
field of Management Strategy, the following conditions are considered
vital to a successful strategy:
1.- Simple,
coherent and long term objectives.
The objectives set out by the managers should have these characteristics.
The fact that the objectives are long term means we relate to them
being difficult to turn around as we have already made strategic decisions
to make them.
2.- Deep
knowledge of the competitve environment.
The company should know the rules of play or perfection, which will
give it competitive advantages.
3.- Objective
valuation of the resources.
The company, person or organiztion that applies these principals,
should consider self-criticism to compete. This will make the company
better. Once the company knows its strengths and weaknesses, it can
try and improve its weaknesses to become one of the best.
4.-Effective
introduction.
Once we have created our strategy with the previous concepts, we have
to introduce them successfully to compete in a dynamic environment.
