This is How to Develop Lifelong Learning for Strategic Thinking

Lifelong learning, the sixth key ability that is crucial to great strategic thinking, is constant. The learning we are talking about here is not limited to your area of expertise or your line of business.  Conversely, it extends to learning about anything that may enhance your understanding of  the world and how it works. First, […]

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This is How to Develop Strategic Awareness

Strategic awareness is critical to strategic thinking.  This includes not just awareness of the immediate situation, but awareness of a wide range of internal and external factors that you can use to guide the future direction of your organization. Three key attributes in people that have strategic awareness. First, they consume information prodigiously. It’s not […]

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This is Why You Should Develop Adaptive Strategies

The fourth critical skill for strategic thinking is the ability to create adaptive strategies.  This includes the ability to design flexibility into your plans by creating an ability to review and adjust your progress on your strategies. Adaptive strategies are valuable in both strategy formulation and execution. In strategy, it helps you avoid setting a […]

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This is How Powerful Strategic Planning Steps Build Commitment

Its important to follow a few basic strategic planning steps to build team commitment.  When your team gets together to initiate/update your strategic plan, what is everyone looking to get out of the process? Naturally, nearly everyone has their own personal interests and perceived needs and wants. How do you merge their individual approaches with […]

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How to Develop SMART Objectives and Implementation Programs

SMART objectives plus the ability to develop a strategic action plan is the third critical skill for strategic thinking.  Set SMART objectives and know how you will implement them.  Break down each objective into tasks and make a list of needed resources and a specific timeline for each task . When we say “SMART objectives […]

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A Clear Focused Vision and Strategic Thinking

A clear, focused vision is a critical skill for strategic thinking.  There are three key benefits to having a clearly defined and focused vision. 1. A good vision will draw you forward, and define the larger undertaking that drives your activities. Think about the difference between NASA in the 1960s, when they – and the […]

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Whole Brain Thinking Is One of the Critical Strategic Thinking Skills

The ability to analyze issues using both “left brained” and “right brained” thinking is critical to really great strategic thinking. In business, many of us have a tendency to lean on one or the other type of thinking.  Truly strategic thinking, however, involves a more holistic understanding of situations.  This is at least partly because […]

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This Is How You Can Make Good Strategic Planning Objectives

Every so often, I encounter questions about whether an objective is a good one.  Over the past 30 years, I’ve watched many hundreds of objectives set, and most of them completed.  I’ve seen some have great positive effects on companies and a few that turned into disasters.  As a result, here are a few things […]

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This is How to Develop an Innovative Strategy

An assumption I sometimes encounter is that strategic planning only yields predictable, middle of the road actions for a company.  Nothing could be farther from the truth.  Strategic planning sets an appropriate course for your business that maximizes growth-ability, profit-ability and survive-ability.  Sometimes that course stays in familiar territory, and sometimes the course can go […]

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This is How to Tell if You’re Ready for Strategic Planning

I ask this question, partly, because all too often I hear people say their companies aren’t ready for strategic planning. Let’s take a look at what you need to be truly ready for strategic planning. 1. An operating business This seems like an easy one, but quite often people talk with us about strategic planning […]

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This is What You Do When You Don’t Have Time for Strategic Planning

Help!  We don’t have time for strategic planning!  I’ve heard variations of this plea dozens of times in the past few years.  Clearly, some companies get into situations where the management team needs to focus on specific issues that come up – either by design or happenstance.  Maybe your company is one of them.  How […]

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Successful Strategic Planning – The Best Way to Get Started

CEOs often find their strategic plan is not strategic and not well thought out.  How can you prevent that from happening?  How do you uncover the real issues facing your company? For successful strategic planning, don’t start cold and be sure you have a robust process. First of all, the team should be the top […]

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