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What Are the Three Tests of a Winning Strategy

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What are the three tests of a winning strategy?


Definitions:

Systematic Experimentation

Systematic Experimentation is an organized method of investigating variables and testing hypotheses in a controlled environment to gain insights or optimize outcomes.

PDCA Cycle

A four-step management method used in business for the control and continuous improvement of processes and products; it stands for Plan-Do-Check-Act.

Profitability

The state of yielding financial gain or profit from business activities.

Organizational Effectiveness

The degree to which an organization achieves its goals and objectives through the efficient use of resources.

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