Definitions for strategic fit
strate·gic fit

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1. Strategic fit

   Strategic fit expresses the degree to which an organization is matching its resources and capabilities with the opportunities in the external environment. The matching takes place through strategy and it is therefore vital that the company has the actual resources and capabilities to execute and support the strategy. Strategic fit can be used actively to evaluate the current strategic situation of a company as well as opportunities such as M&A and divestitures of organizational divisions. Strategic fit is related to the Resource-based view of the firm which suggests that the key to profitability is not only through positioning and industry selection but rather through an internal focus which seeks to utilize the unique characteristics of the company’s portfolio of resources and capabilities. A unique combination of resources and capabilities can eventually be developed into a competitive advantage which the company can profit from. However, it is important to differentiate between resources and capabilities. Resources relate to the inputs to production owned by the company, whereas capabilities describe the accumulation of learning the company possesses.

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1. strategic fit

   Strategic fit refers to the alignment between an organization's internal resources, capabilities, and processes with its external environment, market conditions, and competitive dynamics. It means that the organization's strategic choices, activities, and decisions are consistent with and support the overall direction and objectives of the organization. Strategic fit ensures that the organization's resources and capabilities are effectively utilized to capitalize on market opportunities, address threats, and create a sustainable competitive advantage.

How to pronounce strategic fit?

1. Alex

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How to say strategic fit in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of strategic fit in Chaldean Numerology is: 3

2. Pythagorean Numerology

   The numerical value of strategic fit in Pythagorean Numerology is: 2

Examples of strategic fit in a Sentence

1. Circassia Chief Executive Steve Harris:

   Aerocrine has products that they sell to allergy asthma specialists, the very customers we want to sell our allergy products to, so that's a really good strategic fit, prosonix has near-term products that help us create an allergy-asthma specialist pharmaceutical company.

2. Van Beurden:

   We will be doing quite a bit of portfolio high-grading on the back of the BG deal and it doesn't necessarily mean getting out of stuff. It may also mean selectively deepening in areas where we can continue to build on our strengths, you always look at whether a portfolio is deepening positions in areas or whether it is disposing of positions that are due for restructuring or where we don't see the strategic fit any more. That hasn't changed on the back of the BG deal.

3. Mathias Leijon:

   I believe Electrolux is prepared to go quite far to make this deal go through. It is a fantastic strategic fit, and there are also substantial cost synergies.

4. Fran Shammo:

   If we see there is a strategic fit and it makes sense for our shareholders and we can return value, I mean we'll look at it, but at this point it's way too premature to talk about that one.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Strategic_Fit
2. ^ ChatGPT
   https://chat.openai.com