Long-Term Strategy

Using a long-term strategic plan, a company aims to align its resources and execute initiatives that target future opportunities.

More Innovation Glossaries

Interview

An interview is a structured conversation where questions are asked to elicit information for assessment and decision-making purposes.

Followership

Followership is the strategy of following the first mover into a new industry. It can have advantages such as existing infrastructure and customer base, but also carries risks such as greater competition and slower product innovation.

Testing

The process of evaluating and refining a product, service, or system to make it better.

Top Long-Term Strategy Resources