Success in Career Series – Broad-based Business Thinking
Broad-Based Business thinking refers to one being comprehensively grounded in business thinking, planning, and concept. It also means being able to analyze and manage business ideas to the best ability to produce results.
The advantage of a broad-based business thinking skill set is that it can actually make the employee more proficient in their primary role. Whatever that role may be, there are a wide variety of associated skills surrounding it. Knowing what to do or at least having a general understanding of those skills can help ensure that they perform their primary function to the best of their ability.
Broad-based business thinking is a skill that is important in our contemporary society. Organizations are looking for broad-based business thinkers who are good at business management, business planning, and people who can analyze business based on its current trends.
HOW TO DEVELOP YOUR STRATEGIC BUSINESS THINKING SKILLS.
- Critical Thinking: This is the mental process of objectively analyzing a situation by gathering information from all possible sources, and then evaluating both the tangible and intangible aspects, as well as the implications of any course of action.
- Implementation Thinking: This is the ability to organize ideas and plans in a way that they will be effectively carried out.
- Conceptual Thinking: This consists of the ability to find connections or patterns between abstract ideas and then piece them together to form a complete picture.
- Innovative Thinking: This involves generating new ideas or new ways of approaching things to create possibilities and opportunities.
- Intuitive thinking: This is the ability to take what you may sense or perceive to be true and, without knowledge or evidence, appropriately factor it in to the final decision.
THE IMPORTANCE OF HAVING BROAD-BASED BUSINESS THINKING SKILLS
- You become relevant in the organization you work for.
- Other organizations will look for you to explain or solve their business challenges.
- The more you develop yourself the more you get more opportunities and that means earning more money.
- It builds you up for better business tasks ahead.
- It enables you to put your soft skills into action.
- It enables you to keep data so you can predict future business trends in the long run.
NOTE: Developing broad-based business thinking skills requires you to gain exposure to strategic roles, synthesize broad information, participate in a culture of curiosity, and gather experiences that allow you to identify patterns and connect to the business world.
Demonstrating broad-based business thinking, on the other hand, requires that you are simultaneously a marketer, a salesperson, and a change agent.
Broad-Based Business Thinking is a skill that places value on an individual.
Written By Mr. Ishaku Nenfort
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