Question: provide a paragraph summary on Marion discussion post: The first and most important step in any business strategy development is for the organization to determine

provide a paragraph summary on Marion discussion post: The first and most important step in any business strategy development is for the organization to determine their strategic vision. This vision sets a long-term goal that guides decision making and ensures strategic alignment across the organization (Martensson et al., 2023). This involves practices like developing the organization's mission statement and articulating its core values. The next step typically involves setting objectives for the organization. It is important that well-stated objectives are quantifiable, measurable, and contain a deadline for achievement (Gamble et al., 2024). While the vision outlines the organization's future, objectives serve as a roadmap guiding progress toward that vision. Lastly, the strategy that the organization chooses to follow must be established and put into action. Developing the strategy requires addressing several key questions. Having owned a fitness facility for 10 years before selling it in 2020, I approached strategy development the same way. The first question we had to answer was, in what ways would we measure progress, and what types of metrics would indicate success? This allowed our objectives to be quantifiable and measurable. Another question we asked was, what would be the target date for achieving each objective? I believe that regularly asking these questions and reviewing our objectives at least annually significantly improved our focus and accountability compa

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