Definition of Development strategy:
Three basic strategies are: (1) Incremental: Slow but steady approach (without attempting a leap) in which an already conceived end result is aimed for. (2) Evolutionary: Slow but steady approach (without attempting a leap) in which there is no pre-conceived end result but each successive design or product is a refinement of the previous one. (3) Grand design: Total transformation through a right-the-first-time approach.
Meaning of Development strategy & Development strategy Definition