A system, as a whole, is a collection of elements organized to achieve specific purposes, typically to create value. It exists within a context and interacts with various stakeholders and systems.
A context is the material and abstract environments with forces that might influence the system and typically examined in terms of the organizational internal and external environments where a system operates and interacts with.
An organization, as a value delivery system, exists to meet the requirements of stakeholders and fulfill its mission and vision by delivering value, such as creating products and services, producing outcomes, benefits, and contributions, improving efficiency and effectiveness, and enabling changes.
The organizational strategy depicts how to achieve organizational goals and objectives and realize its mission and vision. It provides not only a roadmap that comprises projects, programs, and portfolios but also guides and directs organizational operations, which supports the strategic portfolios.