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If you have been any major scale organization or worked in an industry reliant on project management, you probably know how important strategic initiatives are to a company and its goals. Some people like them, others don’t because they have objections against a certain way any strategic initiative is implemented.

This term may sound like a couple of useless words we hear in the business lingo every day, but in reality, it’s far from that. A strategic initiative is an important feature of the company’s development strategy that guides big or small businesses to target all their future endeavors that are bound to bring value to the company.