Quick Answer: What Are The Characteristics Of Strategic Thinking?

How do you describe strategic thinking?

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 the opposite of strategic thinking?

Most leaders would agree that without strategic thinking, there would be no basis on which to guide operations. … But you can make the opposite case just as convincingly: without operational thinking, there would be no way to put those innovative strategies into action.

What does strategic thinking look like?

Strategic thinkers do it differently. They understand and dig deeper with regards to analyzing processes, developing and applying performance metrics, collecting data and producing analytics to make more informed decisions. Strategic thinkers have high levels of critical thinking skills.

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.

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.

How do you know if you are a strategic thinker?

The following 10 signs and characteristics will help paint the picture of what separates this type of thinker from the rest of the pack.You’re Prone to Self-Reflection. … Duplication of Effort Frustrates You. … You Ask More Questions Than Most. … You Easily Compartmentalize Distractions. … You’re Decisive When You Need to Be.More items…•

Why is strategic thinking important for leaders?

The ability to think strategically is one of the most important leadership traits you can have. It also makes you a highly effective leader. … In other words, employees value leaders who are not just focused on solving today’s problems but who are looking to the future.

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.

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.

What are the strategic thinking tools?

Strategic Thinking ToolsPESTLE analysis.Porter’s Five Forces.McKinsey 7 S model.SWOT analysis.

What is the essence of strategic thinking?

thinking (and the subsequent execution of their strategic plan) as one of the most challenging leadership tasks. … Strategic thinking is, in essence, a systematic mix of innovation, strategic planning, and operational planning. The aim is to develop strategies that improve the chances of success for your company.

What is an example of strategic planning?

Objectives include baseline performance, targeted performance, and an established date for achieving the objective. 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.

What are the characteristics of a strategic analytical thinker?

The Edge: Strategic thinkers embrace 10 traitsMaintain a self-responsible attitude. … Capitalize on strengths and minimize weakness. … Effectively use intuition. … Have a clear purpose. … Become solution-oriented. … Consistent “what’s right” positive perspective. … Lead the way, take initiative. … Welcome risks, get comfortable with the unknown.More items…•

How can I sharpen my strategic thinking?

How to improve strategic thinking skillsPrioritize tasks. Go over your tasks, decide which ones can wait, and brainstorm ideas you can contribute to the success of your organisation. … Be aware of bias. Everyone has biases. … Improve listening skills. … Hone questioning skills. … Understand the consequences.

How do you develop strategic thinking?

Improving your strategic thinking skillsBe proactive. Understanding that strategic thinking is all about being prepared for the future, take initiative and do things before you’re asked to, or you need to respond reactively. … Understand counter arguments. … Constantly optimise. … Keep up-to-date with news and trends.

What is the difference between strategic planning and strategic thinking?

Strategic thinking is the process of determining the direction you will take to achieve your vision. Strategic planning is the process of developing a blueprint for the work you will do against that direction. Many people conflate these two concepts.