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'its strategy' is a correct and usable phrase in written English.
You can use it when referring to a particular company, organization, or individual's plan or approach to a problem. For example, "Google is continuing to expand its presence in the cloud computing market, and part of its strategy is to acquire smaller companies in the sector."
Exact(56)
It quickly reinvented its strategy.
Now Pfizer says it has changed its strategy.
Netflix could retool its strategy if it wanted to.
The campaign says it has not changed its strategy.
Ambush is its strategy.
Can its strategy work?
Fidelity has defended its strategy.
"Its strategy has failed.
Now, Leopard Trek must recalculate its strategy.
Why might Pakistan consider modifying its strategy?
Yet its strategy seems to be working.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com