By: Tom Cramer
Strategic Thinking and Strategic Planning are related concepts, but they have distinct differences. Let's explore each of them:
1. Strategic Thinking: Strategic thinking refers to the cognitive process of developing insights and envisioning the future direction of an organization. It involves the ability to analyze complex situations, understand the broader context, and identify patterns and trends. Strategic thinking requires a big-picture perspective and the capacity to think critically and creatively about the organization's goals, challenges, and opportunities.
Key characteristics of strategic thinking include:
a. Visionary outlook: Strategic thinking involves imagining and articulating a compelling …
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Traditionally, problem-solving falls to the role of the CEO, as the leader of the organization, if not also to the department heads and executive teams. However, when you study the strategies used by Fortune 100 companies, it becomes clearer that problem-solving must be done collaboratively and at all levels.
Here are the 3 steps to work together as a company to address problems and find innovative solutions through the rest of the year.
- Don’t overlook the small problems. Too often in business, “small” problems are often overlooked or attributed to uncontrollable human error. However, …
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