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What is the difference between strategy development and a business case?

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تم إضافة السؤال من قبل Hany Sewilam Abdel Hamid , Director of Sales and Marketing , Creative Sense
تاريخ النشر: 2015/08/30
jasiel svinurai
من قبل jasiel svinurai , SAP Business Analyst , City Of Cape Town

business case is a justification for a proposed project or undertaking on the basis of its expected commercial benefit. Is is a short term undertaking and it seeks to support the long terms plans of an organisation which are called business drivers of an organisation. A business strategy development is a long term plan usually providing the entire organisation a road map into the future and sometimes come in as 5-10 year plan and whatever an organisation undertakes should be supporting these strategic objectives

Ramkumar NERUR
من قبل Ramkumar NERUR , Consultant (Independent) , Business Advisory Services

BS serves overall organisation objectives on a long term basis while BC is a sub set of BS and focuses on shorter term impact of  longer term goals. BC helps as a directional guide to see if our BS is on right track

Elias Amin Badra
من قبل Elias Amin Badra , Managing Partner , HELLENIX - INDUSTRIAL RELATIONS ADVISORS, Greece

One is to serve a purpose and the other is to resolve an issue

Akinwale Adams
من قبل Akinwale Adams , Country Manager & Chief Executive Officer , Media Monitoring Services Ghana Limited

Business strategy is the means by which a business sets out to achieve its desired objectives. It can simply be described as a long-term business plan.Whereas a business case simply addresses the reasoning behind initiating a project or a task. A business case comes in a well written document or sometimes in the form of a verbal argument or presentation. More importantly, the business case, always supports that every resource expended must support specific business need.  

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