What is a Strategic Initiative?

Strategic initiatives are a crucial component of any company's success. They allow for the allocation and implementation of time, capital or assets away from current operations in order to achieve goals that may not be immediate but will increase revenue over long periods! Strategic thinking about what is important should always come first before anything else when developing strategic plans because it grounds you with your own unique voice so there aren't too many similarities between other companies' voices around them (which creates better distinctiveness).

Strategic initiatives are the building blocks that help an organization realize its vision. For companies to stay competitive, they need a portfolio of strategic initiative projects in place so these goals can be translated into practice and achieved on-time with quality standards exceeded every single day!