by Robert Bradford | Aug 9, 2020 | Making predictions, Strategic Thinking
In the first two articles about predicting the future, we looked at types of curves and leading indicators. These tools are useful ways to predict trends, but tends have limits, too. Today, we will look at the types of things that disrupt predictions made with the...
by Robert Bradford | Aug 2, 2020 | Strategic Thinking, Uncategorized
We can improve our predictions in strategic planning by predicting with leading indicators. You may have hear of the Composite Leading Indicators, a statistic used by the Federal Reserve to predict recessions. This tool is a good way to anticipate changes in a...
by Robert Bradford | Jul 26, 2020 | Strategic Thinking, Uncategorized
One of the things we cannot avoid in strategic thinking is making predictions. While predictions, being assumptions, inevitably carry the risk of error, there are things we can do to make better predictions. When you can match an understanding of future trends with...
by Robert Bradford | Oct 18, 2019 | Strategic Thinking
The eleventh critical skill in strategic thinking is patience – the ability to wait. This is not just waiting to act – it is about waiting to judge and decide an issue. This critical skill is important for three key reasons. 1. Great strategic thinking requires...
by Robert Bradford | Sep 27, 2019 | Strategic Thinking
The tenth critical skill in strategic thinking is the ability to suspend judgment. Better strategic thinkers should consider ideas and explore possibilities before they impose any evaluation. This does not mean that a strategist never applies judgement. It means that...
by Robert Bradford | Sep 20, 2019 | Strategic Thinking
The ninth critical skill in strategic thinking is honesty. Great strategic thinkers can balance their tremendous creativity with a sense of realism and honesty about what is achievable in the longer term. This ability to balance is not an obstacle to their...
