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Refer to the full charts on this page for all rule variations and fine points for single, double and multi-deck games. When trying to make a decision, first decide if surrendering is an option, then whether to split or double and finally whether you should hit or stand.
Surrender hard 16 but not 88 pair vs dealer 9, 10 or Ace. Surrender hard 15 vs dealer Always split Aces and 8s.
Never split 10s and 5s. Split 2s and 3s vs dealer Split 4s vs dealer Split 6s vs dealer Split 7s vs dealer Different people often have different names for these major activities.
They might even conduct them in a different order. Strategic planning often includes use of several key terms.
Different people might use apply different definitions for these terms, as well. Don't be concerned about finding the "perfect way" to conduct strategic planning.
You'll soon notice that each writer seems to have their own particularly interpretation of the activities in strategic planning.
However, as you read the materials linked from the topic Strategic Planning in this library, you'll begin to notice some information that is common to most writers.
Read the basic description described below on this page. Then review the various materials linked from the library in the topic Strategic Planning.
Once you start strategic planning, you'll soon find your own particular approach to carrying out the process.
One Way to Look at Strategic Planning One interpretation of the major activities in strategic planning activities is that it includes:.
Some people take this wide look around after they've identified or updated their mission statement, vision statement, values statement, etc.
This allows you to play a card like Smithy to draw more cards, and then play one of the actions you drew.
A deck that combines multiplied actions with strong card-drawing like Smithy can be very powerful. However, keep in mind that all purchases have an opportunity cost.
The village is an inexpensive cycling action multiplier, making it an attractive card to smooth out any deck.
Read More. We would like that to be a basic strategy , whereas we have arrived at this order by accident. We were quite happy to accept the basic strategy.
There is basic strategy , and there are tactics. It is a fundamental consideration which should underlie the whole of our basic strategy.
The basic strategy has to be a national one. From Europarl Parallel Corpus - English. The first is the question of the basic perspective, the basic strategy.
This action plan remains the basic strategy for the financial restructuring of the authority. The basic strategy that we have pursued since devaluation has been to transfer the production resources from home consumption into the balance of payments.
But a sudden attempt drastically to change that basic strategy would be a perilous course for this country. BETA Add a definition. Never split tens. Soft 20 A,9 always stands Soft 19 A,8 doubles against dealer 6, otherwise stand.
Soft 18 A,7 doubles against dealer 2 through 6, and hits against 9 through Ace, otherwise stand. Soft 17 A,6 doubles against dealer 3 through 6, otherwise hit.
Soft 16 A,5 doubles against dealer 4 through 6, otherwise hit. Soft 15 A,4 doubles against dealer 4 through 6, otherwise hit. Soft 14 A,3 doubles against dealer 5 through 6, otherwise hit.
Soft 13 A,2 doubles against dealer 5 through 6, otherwise hit. Here are some of the common ones and their answers: What is basic strategy based on?
Whatever your situation, just be prepared to let go and switch strategies as necessary. Corrective action needs to be taken quickly to compensate for the dynamic business environment most organizations operate within.
Want More? Strategic issues are critical unknowns that are driving you to embark on a strategic planning process now. These issues can be problems, opportunities, market shifts or anything else that is keeping you awake at night and begging for a solution or decision.
Conducting an environmental scan will help you understand your operating environment. Sometimes it is helpful to also include Ecological and Legal trends as well.
All of these trends play a part in determining the overall business environment. The reason to do a competitive analysis is to assess the opportunities and threats that may occur from those organizations competing for the same business you are.
Here are a few other key ways a competitive analysis fits into strategic planning:. Learn more on how to conduct a competitive analysis here.
Step 4: Identify Opportunities and Threats Opportunities are situations that exist but must be acted on if the business is to benefit from them.
Threats refer to external conditions or barriers that may prevent a company from reaching its objectives. Weaknesses refer to any limitations a company faces in developing or implementing a strategy.
Customer segmentation defines the different groups of people or organizations a company aims to reach or serve.
By creating a SWOT analysis, you can see all the important factors affecting your organization together in one place.
Take the Strengths, Weaknesses, Opportunities and Threats you developed earlier, review, prioritize and combine like terms.
Your values statement clarifies what your organization stands for, believes in and the behaviors you expect to see as a result.
A Vision Statement defines your desired future state and provides direction for where we are going as an organization. Your strategies are the general methods you intend to use to reach your vision.
To do this, match external opportunities and threats with your internal strengths and weaknesses, as illustrated in the matrix below:.
Long-Term Strategic Objectives are long-term, broad, continuous statements that holistically address all areas of your organization.
What must we focus on to achieve our vision? You want to set goals that convert the strategic objectives into specific performance targets.
Effective goals clearly state what, when, how, and who, and they are specifically measurable.