Vadim Kotelonikov innopreneur

 

Business Success 360    ●    Business Success 360

 

Strategic Thinking

The starting point to mastering dynamic strategies

 

 

  

 

   

 

 

What and Why of Strategic Thinking

Strategic thinking the creative and relentless process of teasing out options for action which offer maximum advantage to arrive at an innovative and implementable plan.

 

 

 

"To become an effective strategist requires constant practice in strategic thinking." 

~ Kenichi Ohmae

 

  

 

 

7 Principles of Strategic Thinking

Focus on your vision to start noticing things related to it.

Focus on the whole, not the parts, find relationships between elements.

Think systemically, combine intuition and data, analytical thinking with synthetical thinking to find system-wide focus... More

 

 

 

Strategic Thinking Framework: 7 Focus Areas

"Today, most strategy experts do not regard strategy as planning
but rather as thinking." 
~ Peter Skat-Rørdam

There are no generally applicable recipes for success in business as each business is unique. Effective strategic thinking can be stimulated however by adapting the following framework for the process to the specific situation of your company... More

 

  

 

Think Innovatively About Strategic Aspects

How can I or my organization / business be more versatile, flexible, and adaptive?

What are the hidden or emerging opportunities which need to be pursued?

What opportunities are likely to emerge in the future? How I or we should change to be able exploit these opportunities?

 

 

Planning

Strategic Planning

12 Essential Elements of Strategic Planning

The Importance of Values and Mission

Critical Question Analysis

6 Keys To Effective Strategic Planning Meeting

Business Plan

Steps in the Planning Process

Strategic Leadership

Steve Jobs vs. Others

Opportunity-driven Business Development

Outside-In Company

Strategy Management

Guiding Principles

Enterprise Strategy

3 Strategies of Market Leaders

Business Strategy

Structuring a Strategic Alliance: 10 Questions To Answer

Strategic Project Management

Strategic vs. Conventional Project Management

Why Strategic Thinking?

Strategic thinking is a means of introducing a radical innovation or change into an evolutionary process.

Strategic leaders accelerate or guide evolution by taking it to a new level. Competition and co-evolution between perceptions, ideas, and paradigms can be managed and designed to test new business models and ensure that they are robust before and during strategy implementation.

The basic approach of strategic thinking is market and customer focus. In the new era of rapid change and unparalleled opportunity, the profitable and sustainable growth will go to the companies whose leaders can see possibilities beyond their traditional served markets.

Today, innovative business leaders and most strategy experts do not regard strategy as planning but rather as thinking. "In a world in which unexpected change is a rule, you cannot foresee the future in any meaningful way of make plans for the realization of a detailed long term strategy."1

Taking a Strategic Position In an Uncertain World

Strategic thinking starts with identifying changes and taking a strategic position... More

Value Innovation – the Mindset and Strategy of Market Leaders

Surprise To Win: 3 Strategies

Why do some companies achieve sustained high growth in both revenues and profits? In a five-year study of high-growth companies and their less successful competitors, researches7 found that the answer lies in the way each group approach strategy.

3 Strategies of Market Leaders

The difference in approach was not a matter of managers choosing one analytical tool or planning model over another. The difference was in the companies' fundamental, implicit assumptions about strategy. The less successful companies took a conventional approach: their strategic thinking was dominated by the idea of staying ahead of the competition. In stark contrast, the high-growth companies and market leaders paid little attention to matching or beating their rivals. Instead, they sought to make their competitors irrelevant through a strategic logic called value innovation... More

 

 

 

References:

  1. Changing Strategic Direction, Peter Skat-Rordam

  2. Every Business is a Growth Business, Ram Charan and Noel. M. Tichy

  3. Strategic Project Management, Tony Grundy and Laura Brown

  4. Managing Complexity, Robin Wood

  5. Getting Things Done, Francis Lobo

  6. The Global Emerging Market, Vladimir Kvint