Strategic Leadership:

Strategic Achievement

Strategic Thinking

The Starting Point to Mastering Dynamic Strategies

 

Vadim Kotelnikov personal logo Vadim Kotelnikov

Founder, Ten3 Business e-Coach Inspiration and Innovation Unlimited!

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

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

Seven Principles of Strategic Thinking

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

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

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

  4. Search for synergies among business units, functions, processes, innovations, and partners

  5. Look beyond the obvious, search for connections between situations that are not obviously related

  6. Change perceptual positions, step out of your shoes and into the shoes of other stakeholders – customers, competitors, partners, investors – to surface new insights

  7. Balance the short and long term, generate short term wins, and consolidate gains... More

 

Key Elements of Strategic Thinking3

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?

Strategic Project Management

There is just the same need for more localized strategic thinking for specific projects as there is at much higher organizational level. Strategic thinking is useful for:

  • checking whether a particular project is the appropriate vehicle for the strategy in any event;

  • generating other options for implementing the project;

Business Synergies Approach

  • understanding key opportunities and threats that the project faces in its environment and its internal strengths and weaknesses (SWOT);

  • interrelating the project with others in order to understand its total rationale and value.

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

Strategic Intent

Outside-In Company

Strategy Management

Vision, Mission, Goals

Creating a Company Vision

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

Strategic Thinking Defined

Strategic thinking, often depicted as 'helicopter thinking', is the creative and relentless process of teasing out options for action which offer maximum advantage to arrive at an implementable, cunning plan.3

80/20 Principle

Why Strategic Thinking?

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

Creating Customer Value: 9 Strategic Questions

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.4

Jack Welch's 5 Strategic Questions

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.

Blue Ocean vs. Red Ocean Strategy

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

Strategic Thinking Framework

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 framework for the process to the specific situation of your company... More

 Joke   "The Strategic Game"

A businessman was talking with his barber, when they both noticed a goofy-looking fellow bouncing down the sidewalk. The barber whispered, "That's Tommy, one of the stupidest kids you'll ever meet. Here, I'll show you." ... More

Strategic Motivation System

A strategic motivation system consists of a set of methods, procedures, and instruments to efficiently implement strategic plan in practice. The most difficult and important function is to motivate executives, managers and even professionals to think strategically, to permanently develop a vision of the future.6... 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