A Plan, and a strategy, are they the same thing ?

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A strategy is creating goals based on logic and intuition


A plan: is the step by step to achieve the goals

A strategy is NOT a plan.

Here are 5 ways they are different:

1/Purpose and Scope
→ Plan: Detailed and prescriptive.
→ Strategy: High-level and directional.

2/ Flexibility and Adaptation
→ Plan: More rigid and structured.
→ Strategy: Flexible and adaptable.

3/ Focus on Competitive Environment
→ Plan: Inside focused to achieve specific goals.
→ Strategy: Outside oriented, defining a unique value.

4/ Long-term vs. Short-term Orientation
→ Plan: Short-term focused, immediate steps.
→ Strategy: Long-term in nature, sustainable over time.

5/ Level of Uncertainty
→ Plan: Concerned with current known variables.
→ Strategy: Higher uncertainty. Intuition and logic.

PS. What other ways are they different?

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