Here are some Strategic Thinking Skills that all Leaders must possess, if they are to be successful at forging a strategy for their organization to succeed !!!
from Buzzle.com 11/10 enhanced by Peter/CXO Wiz4biz
Every organization needs an experienced Leader with the right kind of Strategic Thinking Skills, to set the Vision to define what they are aiming for. Vision may seem like a vague & generic term, but the essence of the Strategic Thinking Skills is concerned with analyzing the current situation & determining the direction in which future growth needs to evolve.
Key Factors. This is done by studying a variety of factors like current Market Share, dis- & advantages of Competitors, future Market Trends, potential for Growth in the organization itself and the Capability of the employees to handle the growth. Many people call it the development of a Vision, organizational Growth Strategies for the future, & making the organization more failure-proof. This is not far from the truth [LoL].
Encouraging individual Creativity + also Teamwork are the two quintessential methods of achieving the Vision that has been put forward. A good leader must possess excellent strategic thinking Abilities, and without this quality, every organization is doomed from the very beginning. They say that leaders are not born but developed, but this is an inherent quality that someone either has or does not have. The foresight to look ahead, the knowledge of what are strategic thinking, and the ability to predict hardships & derive methods to counter these difficulties, is not something that everyone is blessed with.
How to Build your Strategic Thinking. Even the individuals who have this quality, need experience and practice in order to hone their abilities, & make it count in a competitive environment. One can only learn from their mistakes, and the best strategic planning Leaders are not those who have never made a mistake, but those who made plenty of mistakes but always learned timeless lessons from their failure/s.
Don’t be Impulsive. At the same time, you must not take too much time to react either. Each situation must be thought out carefully, and then a suitable course of action must be undertaken. Leaders who are impulsive are always “reactive” in nature, and often end up regretting their decision in the future. The best Leader are those who are “responsive”. They analyse the situation, determine the best “response” & carry it out in a timely manner to “fix” the problem.
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