How Do I Know If I Am A Strategic Thinker?

How can I be a good strategic thinker?

How to Be a Strategic ThinkerBe forward-thinking.

“You anticipate and look for opportunities that arise,” Grubb said.

Seek input from others throughout the organization.Have a long-term focus.

Be hands-off.

Be willing to take risks.

Prioritize your time.

Be nimble.

Be a life-long learner.More items…•.

What are the examples of strategic planning?

Any example of a strategic plan must include objectives, as they are the foundation for planning. In this example, our objective is to increase client satisfaction from 82% to 90% by December 31st. How we accomplish that is the business of strategies and tactics.

How do you think strategically Greg githens?

Competent strategic thinkers are exceptions to the rule and rare in the business world, writes executive coach Greg Githens. Aiming to change that, his new, comprehensive playbook How to Think Strategically is excellent and insightful, coming with a healthy dose of authoritative advice and a multitude of examples.

What are the strategic capabilities?

Strategic capability includes resources and competences that a firm utilises to compete in its business environment. It can therefore constitute a firm’s strengths and weaknesses, and be a source of competitive advantage or disadvantage over its rivals.

What are the major components of strategic planning?

Action PlansVision Statement.Mission Statement.Core Values.SWOT Analysis.Long-Term Goals.Yearly Objectives.Action Plans.

What are the 5 elements of a person’s strategic advantage?

To create a concise and understandable description of your strategic advantage, include each of these five areas:Your personal style. … Your key skills. … Your knowledge base. … Your interests. … Your values and motivators. … Career assessment testing. … Get input from others. … Putting it all together for presentation.

What does it mean to be a strategic thinker?

Strategic thinking is simply an intentional and rational thought process that focuses on the analysis of critical factors and variables that will influence the long-term success of a business, a team, or an individual.

What is an example of strategic thinking?

You can develop strategic thinking in your everyday life. For example, you go on a trip and pack our things, thinking ahead and assuming what you need to take in case of bad weather, an illness, losing documents or money.

How do you measure strategic thinking?

3 Ways to measure the value of strategic thinkingPlanning: One quality in strategic thinking is the ability to see the complete picture. … Focus: Where planning is about resource allocation, focus is about people allocation. … Evaluation: Strategic thinking opens the organization up to new ideas.

What are the six elements of strategic thinking?

Six common components include: 1) tools for analysis; 2) strategic purpose; 3) values; 4) vision; 5) key goals; and 6) action planning. We will review each of the components below. There are a number of different tools used for analysis in strategic conversations.

What is the importance of strategic thinking?

The purpose of Strategic Thinking is to create a strategy that is a coherent, unifying, integrative framework for decisions especially about direction of the business and resource utilization. To do it, Strategic Thinking uses internal and external data, qualitative synthesis of opinions and perceptions.

Can you teach strategic thinking?

One of the most effective ways to develop your strategic skills is to be mentored by someone who is highly strategic. … Promote a future perspective for employees by incorporating it into training and development programs; teach people what strategic thinking is and encourage them to ask “why” and “when” questions.

What are the three definition strategies?

Definition: Michael Porter developed three generic strategies, that a company could use to gain competitive advantage, back in 1980. These three are: cost leadership, differentiation and focus.