STRATEGIC TARGET Meaning and
Definition
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A strategic target refers to a specific objective or goal that holds significant importance in the context of an organization's overall strategy. It is an essential element of strategic planning that allows businesses, governments, and other entities to identify and allocate resources towards achieving desired outcomes. Strategic targets are typically identified based on a careful analysis of the organization's internal and external environment, taking into consideration factors such as market trends, competitive landscape, and available resources.
In the business world, a strategic target may involve expanding into new markets or product lines, increasing market share, improving customer satisfaction, or achieving specific financial milestones. These targets serve as guiding principles that help align the efforts of various departments and individuals towards a common purpose.
For military entities, a strategic target may refer to specific locations, infrastructure, or enemy assets that, if successfully targeted and neutralized, would significantly weaken the adversary's ability to wage war effectively. These targets are selected based on their potential to disrupt the enemy's strategic capabilities and influence the overall outcome of a conflict.
In summary, a strategic target is a crucial aspect of strategic planning and refers to a specific objective or location that holds immense importance in achieving a desired outcome. It is a focal point around which an organization's resources and efforts are directed, contributing to the overall success of an entity's strategic objectives.
Etymology of STRATEGIC TARGET
The word "strategic" has its roots in the Latin word "strategia" which means "generalship" or "command". It was borrowed from the Greek word "strategos" which refers to a military commander. The term "target" originated from the Old French word "targette" meaning "small shield". It later evolved to refer to an object aimed at in various contexts. Therefore, the term "strategic target" combines the concept of military planning and aiming at a specific objective.
