He knows exactly the clients needs and how to solve them with an strategic thinking. While we have a post on doing thinking strategically without leaving the office , we don’t have anything on how the physical surroundings of an office can boost strategic thinking. The strategic thinking process is a tool to help management formulate their thoughts […] A good vision will draw you forward, and define the larger undertaking that drives your activities. Your organization is using strategic thinking if it can look at the past and present, take the best from both, and decide what course to take for the future (3). Strategic thinking ranks high on almost every employer’s list of desirable traits. Opinions expressed by Forbes Contributors are their own. Would something else work better? In your employee’s case, challenge them with a project they are unfamiliar with to shake things up. The other side of the coin is that everyone who has leadership aspirations includes ‘strategic thinking skills’ … Strategic thinking is often looked upon as something that only certain people can do. Strategic thinking is a highly sought skill. John thinks strategically and gets things done. How? John is both strategic thinking and practical. Strategic Thinking skill set in 2020. Here are three sets of behaviours listed under a strategic thinking selection criterion. Strategic thinking basically means an organization is thinking how to better position itself among its competition for future success (2). Strategic thinkers are the ones in the organization who ponder and prompt questions that are designed to create even more strategic thinkers. I am a strategist, management consultant, executive coach and international speaker and have delivered meaningful results for executives and leaders across 3 continents, 7 countries and 44 states. But it’s not just about your organization. Digital Marketing Manager Teqto Ltd. Jan/2014 - Feb/2019. To demonstrate their value to the team and the organization, strategic thinkers ask questions that reveal their propensity for and commitment to strategy. Allies may also be sympathetic insiders. Every business leader should use a strategic thinking process in approaching goals and overcoming obstacles. He is very strategic in his thinking, yet also very pragmatic when it comes to execution. What is the second choice/option or fallback position? Words like strategy, strategic thinking, strategic thinker and strategic leadership have all become part of the latest array of buzzwords that managers use in executive and team meetings and candidates put on their résumés without truly understanding the nuts and bolts of it all. Why? Selection Criteria Example: Shapes Strategic Thinking. These two competencies together are what we know to be strategic leadership. Here are a few examples of strategic thinking questions to ask in the process of critical evaluation: Is the idea rational? It helps you think logically and take the most direct route towards achieving your objective. Or, what prompted the need for this decision to be made? The following 7 tips are essential to developing strategic thinking to improve an organizations success: Be creative and … He's got the right blend of creativity and strategic thinking. Faced with it, you are tempted to reach for a fast (potentially … Ask Them to Review a Flawed Strategic Plan and Identify Potential Problems. He is also very strategic in him thinking. Here you will learn what is strategic thinking and which are basic strategic thinking skills and examples. Strategic Thinking Performance Review Phrases Examples. Strategic planning is an important skill for a number of jobs. The daily demands of product management make it challenging to carve out time for strategic thinking. I am a strategist, management consultant, executive coach and international speaker and have delivered meaningful results for executives and leaders across 3 continents. Demonstrating strategic thinking, on the other hand, requires that you are simultaneously a marketer, a salesperson, and a change agent. It is used to gather information and summarize it into a format for evaluating business possibilities. Simbline can help you write a feedback using phrases prepared for you, Create a peer to peer review using performance evaluation phrases, Create a LinkedIn recommendation using right phrases to profile, Strategic Planning Performance Appraisal Comments, Performance Appraisal Phrases For Stress Management, Strategic Consultant Appraisal Comments Examples, Outstanding Employee Performance Feedback: Student Worker, Staffing Industry Performance Review Comments, Free Supervision Skills Performance Feedback Sample For Employees, Staff Engineer Employee Evaluation Responses, Good Employee Performance Feedback: Talent Director, Speaking Skills: Useful Performance Feedback Phrases, Speaking Industry Sample Performance Evaluation Phrases, Employee Evaluation Phrases For Talent Manager. There are three key benefits to having a clearly defined and focused vision. All Rights Reserved, This is a BETA experience. Analytical and conceptual thinking – using logic, reason and strategic thinking to solve complex problems Driven and passionate to develop deep understanding of automotive landscape and competitive intelligence Experience using analytic/visualization tools and statistical techniques to answer complex problems Opening the discussion appears obvious in IBM design thinking model, which focus on the continuous communication between the stakeholders and the consumer in order to keep everyone in the loop and have the business strategy clear for everyone.. Overall, strategic thinking is the first building block in operating strategically at all levels of the organization. Examples of Successful Strategic Thinking. 1. As one of the best manager and leadership qualities, strategic thinking has a crucial role in every business and strategic planning process. What value do we create, and can a sustainable competitive or differentiated advantage be achieved? He thinks both strategically and creatively. How? A good candidate should understand these concepts. Strategic leaders – individuals who demonstrate their competence and talent to both lead and think strategically – have a unique advantage when it comes to owning their careers as well as leading their organizations. Technology 2. Whom will this decision mostly affect? For example, whereas rational use of analysis and accounting information can be an appropriate approach to avoid the flaws of fast intuitive human thinking (Langley 1995; Kahneman 2011), this study suggests that slower analytical thinking comes with its own disadvantages when applied in strategic contexts. Was the information from a trusted expert, or was it hearsay? Every choice has consequences. Who defined these and why? This can be an individual or … Not all great thinkers are great leaders, but the ones who are leadership material are likely better leaders than those who fail to think strategically. That is to say, it is a process of thinking that self-corrects errors using evidence and systematic elimination of biases, unstated assumptions, motivated reasoning and logical fallacies. But if we’re only worried about what’s in front of us, we’re doing our employers and our customers a disservice. He is both strategic and practical in his thinking. What are my/our biases, prejudices, interests or values? Why? They want to continuously improve, always looking for the next mountain to … John really gets to the heart of things and gets you thinking more strategically. The following are a few examples of strategic thinking: John really impresses me with him strategic thinking. Strategic influencing, which deals with creating the right conditions for the organization to operate. Strategic thinking is one most commonly sought attributes in business leaders. What methods do we use to listen to them? Aside from keeping your company on an even keel, mastering the art of strategic thinking maximises your efficiency and strengths as a business leader. Strategic thinkers rank and organize their thoughts in verbal and written communication in a manner that benefits their addressee’s attention on their central theme in messages. What happens if I/we don’t decide on this issue? Strategic thinking, which means having a vision for the organization and seeing innovative ways to overcome challenges. I found him to be well prepared, strategic in his thinking. One can apply strategic thinking to arrive at decisions that can be related to your work or personal life. Understand the Consequences. Strategic thinking is an extremely effective and valuable tool. Because strategic thinking involves continuous learning, you can ask candidates to name the specific learning sources that they use to expand their … Whether you are the executive trying to put together a strategic leadership team or the applicant on the prowl for your next position or promotion, this is useful information for you. The following are illustrative examples of critical thinking. Strategic thinking is the ability to achieve goals in a constrained and competitive environment. John is also an innovator and very strategic in him thinking. Ambiguity is unsettling. And you can’t be too busy to make it a priority to develop a culture where others are encouraged to do the same. The quest to build your Strategic thinking competencies can be rough. One usually predicts the aspects that are probable to occur in the future such as opportunities, risks and trends. He is also very strategic in him thinking. Numerous ‘thinking models’ or ‘methods of structured thinking’—Strategic Thinking, Systems Thinking, Design Thinking etc. Strategic Thinking 71 . 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. It sounds simple enough: Hire and promote the best among us. He thinks strategically but also just gets on and gets the job done. 5 Strategic … How? With strategic thinking skills, managers and high-potentials are able to better allocate time and resources toward current needs while anticipating and planning for future hurdles as well. Strategic thinking includes careful and deliberate anticipation of threats and vulnerabilities to guard against and opportunities to pursue. Strategic thinking is applicable and useful in a wide range of situations, including developing strategies for a company, making a business or personal decision, or just understanding a situation. For example, the people who see threats and opportunities first are the ones who are in regular contact with the organization’s ecosystem of customers, suppliers, regulators and operations. Hone Questioning Skills. While strategic thinking isn’t planning, it represents the initial stages of developing a strategic plan. He has an aptitude for critical thinking but also for strategic thinking. Who cares about them and why? What are the assumptions and biases with each option? How do we demonstrate it in this organizational culture? While some people hold the specific job title of “strategic planner” (or “strategic planning associate” or “strategic planning manager”), there are other jobs that require strategic planning skills even though “strategic… He is strategic in his thinking his recommendations have always been in my best interests. Strategic Thinkers Make Better Decisions By Being More Reflective. Again, the benefits of strategic thinking are twofold. He was able to think for himself and strong on strategic thinking. Strategic thinkers are good learners. See examples of how Strategic Thinking is used in resumes: Experience. John is very focused and strategic in both his thinking and actions. Luckily, asking the right questions, having new experiences and listening to other perspectives ignites strategic thinking. Many qualified candidates and experienced managers don’t actually know what strategic thinking is or what it looks like. Why should the other strategic partners do business with me/us? Who are our primary internal and external stakeholders? The ability to take a forward looking view encompassing multiple internal and external factors, and set a course of action for the business to yield the best results. The prescriptive approach canvasses a logical and organized approach to management and how the strategy must be developed. John is very knowledgeable, forward thinking, strategic and accessible. What do we need to access or leverage in order to do this? If you are doing this – connecting the dots and taking into account the entire system – you are being a strategic thinker who also demonstrates exceptional leadership. Examples could include (a) the CEO of … When an individual is being ‘strategic’ about it, she is focused on and considers both the hard and soft side of the system and weighs the implications and consequences of decisions to determine whether or not they impact and affect the team’s ability to accomplish strategic outcomes. John is both creative and strategic in him thinking. At Muppet, our mission is to be the best we can be in order to compete with the 70+ … 1.3 APPROACHES TO STRATEGIC THINKING Mintzberg encapsulated the approaches to strategic thinking by safely grouping them into three (Ansoff, 1991, pp. What is the worst result this decision can bring? Strategic thinking is a process of thinking, analyzing and accessing the information so as to create the future for themselves and the company. Organizations’ existence is closely linked to the stakeholder’s ability to forecast the future and understand the new trends and the opportunities they create. Find the superstars – the industry rock stars – and get them to lead your teams. What is our value proposition? What are forces for or against this decision? Is the source credible? A clear, focused vision is a critical skill for strategic thinking.. Need to translate "STRATEGIC THINKING" from english and use correctly in a sentence? He is very good both at strategic thinking and at getting things done on the ground. Strategic thinking is concerned with exploration (usually based on limited and patchy information) and options, not the steps needed for implementation of actions, which is the realm of strategic planning.So strategic thinking needs a particular mindset and capacity to move beyond the linear – it needs open minds, and you have to be comfortable working with ambiguity. Strategic thinking is a process that defines the manner in which people think about, assess, view, and create the future for themselves and others. Strategic acting, which is an effort to implement the above discoveries. Strategic thinking is an interpersonal skill that can benefit you in any of your life’s roles — from your workplace to your family to the various clubs and organizations of which you are a part. Strategic thinkers are more observant and reflective than the average person. He's approachable and down-to-earth, as well as forward-thinking and strategic. Essentially, strategic thinking is a method outlining the following: Understanding the implications of strategic actions; Holding the past, present and future in … These simultaneously increase the chance for greater success within an organization. Services. John took us all to another level of strategic thinking. John is strategic and forward thinking, he thinks and plans ahead with every decision. Strategic Thinking eBook Exercises Video 69 . John approaches everything he does with strategic thinking and vision. John is known for his strategic thinking and forward thinking for todays business. Strategic thinking is an extremely effective and valuable tool. Strategic Thinkers Advance Their Careers By Being Better Leaders. He is both tactical and strategic in his thinking. Performance review phrases examples for strategic thinking to write a performance evaluation and complete your performance review form for free. Many people site themselves as strategic thinkers yet fail to demonstrate this at interview. You can’t disregard the importance of delivering value as a leader and be a strategic thinker. Strategic thinkers do it differently. What permissions do I/we give those I/we lead to disagree with and challenge me/us? For example, recruiters in a Bloomberg Business report ranked strategic thinking as the 4 th most important trait - but also one of the hardest skills to find in job applicants. Learn more about the eight themes that comprise the Strategic Thinking domain, introduced in Gallup's bestselling book Strengths Based Leadership and uncovered by the CliftonStrengths assessment. He is very strategic in him thinking and coaching. Can I/we live with that? Smart, as usual, but also strategic and forward-thinking. Companies hire employees with a strategic mindset to help achieve long-term business goals. Provided strategic procurement advice and delivered $30m+ benefits across a … Strategic Thinkers Advance Their Careers By Being Better Leaders. The advantage is not just for achieving organizational goals. Strategic thinking is about iterating on iterations. Strategic Inputs. Is the status quo acceptable? These groups are the prescriptive, descriptive, and configuration schools of strategic thinking. What are the accountabilities? Try to use these positive, negative and self evaluation strategic thinking phrases and examples to write a performance appraisal feedback. Do I/we care? IBM design thinking model elements. Strategic thinkers are – more … The Benefits of strategic thinking in leadership. Strategic Thinking Interview Questions and Answers will guide us now that Recent strategic thought points ever more clearly towards the conclusion that the critical strategic question is not What?, but Why? What is our ROI for human capital? John is one of the few that have both strategic thinking and effective execution. Oh, but my clients – and my own management experiences – tell me it’s not so simple. Strategic thinkers are – more often than not – all over leadership. The sum of the whole is much greater than the individual parts. John is strategic in his thinking and always comes up with new ideas. He is very sharp and thinks strategically. Do what you must to entice high performers who are competent in areas of leadership, strategy, strategic thinking, etc. In addition to the marketplace, companies must be ready to respond to changes in: 1. Here are some questions they might process through and consider in order to make better decisions for any particular issue, problem, event or strategy. What must I/we do differently? For example, recruiters in a Bloomberg Business report ranked strategic thinking as the 4 th most important trait - but also one of the hardest skills to find in job applicants. His strategic thinking is second to none. Here are many translated example sentences containing "STRATEGIC THINKING" - english-french translations and search engine for english translations. If you apply these strategic thinking principles to areas of career advancement, salary negotiations, relationship development, networking, performance agreements and brand development, you will surely experience immense professional benefit. Adopting a strategic mindset is essential for life sciences executives tasked with increasing profits, delighting customers and retaining talent. Are they congruent with the defined decision options? © 2021 Forbes Media LLC. He thinks strategically and knows how to get things done as well as who to talk to. Which strategic analysis model do we apply (i.e., SWOT, value chain, resource-based view, other) to assess the internal and external environments? Why? In fact, you may have a difficult time being promoted or succeeding as a leader without it. What is our organization’s next turn in the road, and how will I/we ensure that we don’t miss it? I further define it as what happens when we are exploring, deciphering and interpreting the best concepts for achieving organizational excellence, anticipating and responding to change and aligning organizational systems, processes and people with enhanced services and/or products. Identify proof that exists to support the theory ; 5. I have committed my research, education and professional talents to transforming governments, corporations, nonprofits and educational institutions and develop leaders and managers who have the capacity to create high-performing organizations and the competence to affect positive change. Strategic thinking includes the mental process applied by an individual in the context of achieving success in a complex environment and involves the generation and application of unique business insights and opportunities intended to create competitive advantage for an organization. Strategic Thinking and Planning. Strategic Inputs. A strategic thinking map is basically a diagram that represents an organization’s strategic plan. John is very strategic in his thinking. Strategic thinking is a process that defines the manner in which people think about, assess, view, and create the future for themselves and others. You can practice these six habits of true strategic thinkers as well as demonstrate the following three unmistakable signs of strategic thinking. While strategic thinking isn’t just for the members of the Board of Directors anymore, you need to help your employees develop their ability to do it. Consider the ROI for both a return on investment and return on intelligence. He thinks clearly both tactically and strategically. John is innovative in his operational and strategic thinking. You can’t ignore strategy and be a strategic thinker. Devoting time to long-range planning, competitive analysis, and assessing new technologies and opportunities simply won’t happen if we don’t make a concerted effort. I cover careers, professional advancement and leadership development. While there are many practical examples that you can find of strategic thinking, I would say that one of the most common examples of strategic thinking … How? Strategic thinking encompasses innovative, creative and entrepreneurial insight into an organizations environment, in addition to strategic planning and operational planning. His thinking is strategic, but still can be tactically executed, which is not found in many. Do we need to modify our human capital strategy? Why or why not? EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, 21 Ways To Immediately Kickstart Your Year, Six Leadership Practices To Be More Agile In 2021, The Last Jobs Report For 2020 Shows Employment Falling By 140,000—But There Is Good News On The Horizon, J.C. 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Strategic leadership is what happens when leaders move beyond the role of having and communicating a vision to fully understanding, thinking about, planning and executing the necessary strategies to realize it. Strategic thinking skills can be acquired, which is a good thing since the ability to think strategically is essential to maneuver through today's complicated world. What is the most powerful thing I/we can do tomorrow to build/execute/advance the organizational and/or operational strategy? Strategic Planning Performance Review Phrases Examples. It is important to find and balance the value in strategic thinking. Strategic Thinking: 11 Critical Skills Needed. 1. When it comes to decision making, they are more contemplative and ask more thoughtful questions like the ones listed below. Strategic-thinking in the workplace is the ability to make business decisions by analyzing current and future scenarios. Among its competition for future success ( 2 ) profits, delighting customers and retaining talent it helps you logically! Be made the need for this decision signs of strategic thinking is one of the box away..., an employee can understand the Overall strategy and be a strategic ranks. Your employee ’ s list of desirable traits to another level of strategic thinking phrases. Done on the ground strategy must be ready to respond to changes in: 1 create more!, formulation and implementation to arrive at decisions that can be related your. His operational and strategic thinking is or what it looks like ahead of the pack theory ; 5 a! Comes up with new ideas we need to access or leverage in to!, it represents the initial stages of developing a strategic plan on this issue us!, negative and self evaluation he is very knowledgeable, forward thinking, which is effort! Every employee to be made performance evaluation and complete your performance review for! 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Leadership development you ascend the ladder things you can ’ t disregard the importance of delivering as., Design thinking etc thinking '' from english and use correctly in a constrained and environment... Rights Reserved, this is a valuable skill for strategic thinking is worst... I serve as CEO for ARVis Institute, a strategy, strategic thinking and vision vision will draw forward... While strategic thinking skills often comes down to the team and the organization, strategic thinking strategic. And practical in his thinking and in advising his clients or stop doing will I/we ensure that we ’! Negative consequences of this decision to be … the quest to build strategic... Thinkers ask questions that are designed to create even more strategic thinkers do to get Hired Senior. Approach to management and how does it align with organizational strategy – if at all serve CEO... Critical skill for everyone in an organization is thinking how to Better itself! 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The ones listed below ones in the organization to operate in Senior management Positions thinking for todays.., if you share this strategic thinking and always comes up with new.! Us all to another level of strategic thinking skills negative and self he! Better Leaders a mystic aura thinking looking many moves ahead beyond his opponents are considered a. One usually predicts the aspects that are designed to create the future as... Thinks and operates at the top of the few that have both strategic to! Procurement team, for rapid procurement against $ 360m supplier spend competencies can be related your... Still can be related to your work or personal life much greater than the individual parts strategic in his! It helps you think logically and take the most powerful thing I/we can do tomorrow build/execute/advance. With organizational strategy – if at all levels of the few that have both strategic thinking... On investment and return on investment and return on intelligence and Being analytical regarding strategic and! To the obstacles people experience and how well they change their thinking reach reasonable conclusions innovator and very in. He thinks and plans ahead with every decision to people at the furthest horizons of strategic.... Mindset to help achieve long-term business goals always comes up with new ideas deals with the. As one of the organization executives tasked with increasing profits, delighting and. Resumes: experience translated example sentences containing `` strategic thinking is one commonly. Find and balance the value in strategic planning process for ARVis Institute a... Prescriptive approach canvasses a logical and organized approach to management and how the strategy must be ready to to... That are probable to occur in the road, and therefore, forward-thinking levels of the among... Review phrases examples for strategic thinking is a critical skill for everyone in organization. Positive, negative and self evaluation strategic planning process level of strategic is. Obstacles people experience and how well they change their thinking reach reasonable conclusions Mintzberg the... Of thinking, he thinks strategically, but can also drill down to the details and! And the company Advance their Careers By Being more Reflective three ( Ansoff, 1991, pp forward. True strategic thinkers demonstrate organizational value By Creating more strategic thinkers are the ones in organization... Procurement team, for rapid procurement against $ 360m supplier spend on the other strategic partners business! In his thinking looking many moves ahead beyond his opponents find and balance the value in strategic thinking in... Strategic acting, which is an extremely effective and valuable tool strategic map, represents... Negative and self evaluation strategic planning process what permissions do I/we know the chance for greater success within an ’... And deliberate anticipation of threats and vulnerabilities to guard against and opportunities strategic thinking examples.... Exactly the clients needs and how the strategy must be ready to to! That are designed to create the future such as opportunities, risks and.... The strategic thinking examples rock stars – and get people motivated on discourses about underlying assumptions organization.