functional strategy

Definition

Organizational plan for human resources, marketing, research and development and other functional areas. The functional strategy of a company is customized to a specific industry and is used to back up other corporate and business strategies.

Use functional strategy in a sentence

  • I wondered what their functional strategy was because they were really good at everything and I wanted to know their secret.

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  • We must both reassess the functional strategy of the accounting department, as well as human resources, before we can implement any downsizing plans.

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  • You should always have a good functional strategy in place and do your best to keep with it til the end.

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