: The primary goal of a strategy is to create a unique and sustainable edge over rivals by maximizing an organization’s strengths.
Strategic management and thinking are defined by several "interesting features" that distinguish them from day-to-day operational tasks. The most defining characteristic is its , which focuses on shaping an organization's future rather than managing immediate routines. Core Strategic Features
: A key feature is the high-level decision-making regarding how limited finances, personnel, and time are distributed to achieve long-term objectives.