Strategize

To devise a strategy or plan; to formulate a methodical approach to achieve a specific goal. This term is often used in business, marketing, or military contexts where careful planning is essential to success. Strategizing involves analyzing situations, identifying objectives, considering available resources, and determining the best course of action to maximize effectiveness and efficiency in reaching a goal.

Strategize meaning with examples

• In preparing for the launch of a new product, the marketing team gathered to strategize their approach, discussing target demographics, promotional tactics, and distribution channels to ensure they made a significant impact in the market.
• As the competition intensified, the company's leadership realized it was crucial to strategize a more aggressive pricing model, factoring in their current market share and customer loyalty to ensure sustainability and profitability.
• During the annual retreat, the board of directors took time to strategize the long-term vision of the organization, addressing potential challenges and setting key performance indicators to track progress over the next five years.
• In light of the ongoing pandemic, the non-profit organization needed to strategize their fundraising efforts, exploring innovative online campaigns and partnerships that would maintain their outreach while accommodating new social restrictions.
• As the sports team approached the playoffs, the coach called a meeting to strategize their training regimen, focusing on enhancing team dynamics, addressing weaknesses, and analyzing the strategies of their potential opponents.