Success in Career Series – Strategic Thinking
Strategic thinking involves seeing the big picture, planning ahead, and putting thought into action, typically to gain a competitive advantage in business.
Whilst strategic planning is the channeling of business insights into an action plan to achieve goals and objectives and may seem similar to strategic thinking, a key distinction between strategic thinking and strategic planning is that whilst the former occurs on a regular basis, as part of our daily activities, the latter occurs periodically (quarterly, semi-annually or annually).
The development and mastery of strategic thinking skills may take time, but there are some particular ways to enhance the process.
As a starting point, follow these steps that can aid you in strategic thinking.
* Pinpoint the issue. Whether it’s a problem that needs solving or a question that needs an answer, begin the critical thinking process by identifying the issue at hand.
* Collect information. Accumulate as much research and data on the issue as possible. Make sure to seek out sources that challenge your own beliefs.
* Examine and scrutinize. Check that your sources of information are reliable, determine their biases, and ensure any opinions are backed up by hard evidence.
* Decide what’s relevant. Figure out which arguments are actually relevant to your issue, and flag the most consequential pieces of information.
* Self-evaluate. Ask yourself, “Was I biased when seeking information?”
* Draw conclusions. Decide on one or more possible conclusions. Evaluate the soundness of your conclusions and flag any flaws.
* Explain your conclusions. Clearly communicate your conclusions to the relevant parties.
Written By Mr. Ayiri Sagay
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