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Strategic thinking is a mental or thinking process applied by individuals and within organizations in the context of achieving a goal or set of goals.. When applied in an organizational strategic management process, strategic thinking involves the generation and application of unique business insights and opportunities intended to create competitive advantage for a firm or organization.
Davies highlights the concept of “adaptive capacity,” a strategy that enables leaders to change and learn through asserting that ‘mastering chaos, complexity, and change requires new ways of ‘seeing and thinking’ (Sanders, 1998). A strategic leader is strategically future-oriented.
The skills gap is only getting deeper, a worrying new report finds.
Mintzberg argued that strategic thinking is the critical part of formulating strategy, more so than strategic planning exercises. [28] General Andre Beaufre wrote in 1963 that strategic thinking "is a mental process, at once abstract and rational, which must be capable of synthesizing both psychological and material data. The strategist must ...
Awuzie is part of a growing cohort of NFL players who are taking up chess as a way to unwind, improve their strategic thinking and provide an outlet for their fierce competitiveness off the field.
Strategic planning has been criticized for attempting to systematize strategic thinking and strategy formation, which Henry Mintzberg argues are inherently creative activities involving synthesis or "connecting the dots" which cannot be systematized. Mintzberg argues that strategic planning can help coordinate planning efforts and measure ...
Concept-driven strategy is the name given to a number of similar strategic thinking approaches. Generally, the term 'concept-driven' is used to encourage a focus on the 'concepts' being used. [20] [21] See Concept learning or Management Concepts. [22] Some organizations produce a 'statement of intent' with little thought as to the concepts it ...
The primary thinking processes, as codified by Goldratt and others: Current reality tree (CRT, similar to the current state map used by many organizations) — evaluates the network of cause-effect relations between the undesirable effects (UDE's, also known as gap elements) and helps to pinpoint the root cause(s) of most of the undesirable effects.