I am particularly interested in business strategy however strategy as a whole is becoming a  recurring theme in my conversation as of late. From the fourth of July US war of independence military strategy from History.com to my team strategic choices and the impact on the business, I find myself talking about strategy a lot lately.

What is Strategy? An approach for mobilizing resources to achieve specific future-oriented objective.

The key is to anticipate a future state. In business strategy there are natural forces that one must consider when thinking about strategy this include industry status, competitors (the players), Capital (investment required and profit potential), external factors.

Strategic thinking requires hard, fact-based, logical information, that questions everyone's assumptions while minimizing the resources required to win by being indirect and unexpected rather than being predictable.

Rule #1 of business strategy – follow the money: understand the fundamental economics of the industry before creating the strategy.