Well, while we talk about technique, since I've read a few of the threads, let me detail mine.
My technique starts with figuring out what I want to write. If I want to write a short story, I write out a sentence detailing what is going to happen over the story. Beginning, middle, and end.
I then outline each section by building upon the beginning, middle, and end. I literally treat this as your typical three act play.
Then, I write each segment out, and there you go.
For novel length stuff, I use the Snowflake method. That's detailed here:
http://www.advancedfictionwriting.com/art/snowflake.php
I've used a few other plotting tools, and bounce around them relatively frequently.
And then I write the story, at a rate of 2000 words a day.
So at this point, whether I have a short story, or a novel, I have a first draft. That goes into a file and stays there for a week. I then work on something new.
After that week, I pull it out, and do a first read. I just read it. All the way through, once. I make notes afterwards, and then begin editing in force.
The goal for editing to me is to remove anything that doesn't belong.. anything that doesn't add to the story goes. Anything that sounds contrived, or odd, goes.
The third read is a general read through for grammar and spelling. I do that last, since it's at this point that I have fewer things to edit.
After that, I send it to someone else to look over, and then do another two readthroughs/and edits.. and then I publish it.
So that's my technique. That's how I do things. I've fallen off the wagon a bit.. but will get back into the swing of things soon.