strategic

  

Definition

Decisions or plans designed to impact favorably the key factors on which the desired outcome of an organization, game, system, venture, or war, depends. See also tactical.

Featured Tip

Don't Launch a Startup Right Out of School

Often, it makes sense to work for a professional organization (the bigger the company the better) before launching your own business. Doing so will allow you to see first-hand how mature, professional, successful companies handle their affairs - i.e. how do they evaluate employees, how do they analyze their business, how do they set a strategic vision etc. You will learn a number of small details too. Obviously, you don't want to replicate everything you see when you launch your business but there will be a fair amount of things that you do want to take with you.

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