Business Strategy
Business Strategy is a high-level plan or set of goals designed to achieve long-term success and competitive advantage for an organization. It involves analyzing the business environment, defining objectives, and allocating resources to execute initiatives that align with the company's vision and mission. This concept guides decision-making across functions like product development, marketing, and operations to drive growth and profitability.
Developers should learn Business Strategy to better understand how their technical work contributes to organizational goals, enabling them to make informed decisions that align with business priorities. It is particularly useful in roles like product management, tech leadership, or entrepreneurship, where aligning technical solutions with market needs and competitive positioning is crucial for success.