If you are a person who has an eye for looking at the big picture, loves imagination, creativity and the unorthodox behind everything ordinary people fail to see, that means you are a strategic thinker. Conjuring up ideas to build strategy is the strongest suit of these thinkers and although they are commonly associated with organizations or businesses, their perception revolves around ‘success’ and ‘effectiveness’.
How to be a more strategic thinker
Traits of a strategic thinker
Strategic thinkers are important parts of a business as they influence both the businesss short and long-term future performance. To excel in strategy planning, strategic thinkers require strong characters. Some of the traits strategic thinkers require include:
Strategic thinking involves evaluating and identifying challenges, threats and risks. As the strategic thinker discovers challenges, they require to be excellent problem-solvers. They can solve the challenges by:
2. Risk taking
Many people like to operate around their comfort zones. For personal and professional growth, risk taking is an excellent platform for learning and gaining new knowledge. Strategic thinkers brainstorm new ideas instead of implementing already established methods and logic. Strategic thinkers understand that risks are scary, but they are willing to go through risky processes. The professionals also reckon risky paths can lead to failure, but they are happy to fail and stand again and continue with their career journey.
Excellent strategic thinkers find and develop new ideas when solving problems or developing strategies. No topic or subject is taboo for strategic thinkers as they are willing to venture into new and different ways to find strategies. The professionals are not limited to the already established solutions or methods of working. Creative people use both original and imaginative ideas to invent something or find solutions.
4. Agility and decisiveness
When choosing a strategic plan, implementing it and sticking to the plan, agility and decisiveness are important. Strategic thinkers create plans that involve the present day and the future. The professionals have to be alert and aware of potential threats and promising opportunities. Strategic thinkers can achieve agility and decisiveness by:
What is strategic thinking?
Strategic thinking is the rational and intentional thought processes that focus on analyzing vital variables and factors that influence and affect the long-term performance of a company or individuals. Strategic thinking accounts for market forces, available resources, time and economic realities.
Strategic thinking involves deliberate and careful anticipation of opportunities, vulnerabilities, risks and threats. Ultimately, strategic analysis and thinking lead to a clear set of goals, initiatives and plans needed to thrive and survive in competitive and changing business environments. Many companies have adopted strategic thinking and planning, but others do not understand the importance. Here are the advantages of adopting strategic thinking and planning:
Careers for strategic thinkers
Strategic thinkers are responsible to finding new and innovative plans and solutions. Companies and businesses find strategic thinkers an important part of their organization as they rely on the professional to develop future and present business strategies. Here are some of the well-paying careers for strategic thinkers:
Primary duties: Entrepreneurs plan and direct the day-to-day operations of a business. Entrepreneurs also provide direction and leadership for the company. Creating policies, setting goals and meeting potential investors, managing conflicts, designing work schedules and motivating staff are also responsibilities of entrepreneurs. They also supervise sales, marketing and distribution, review financial records and find ways of increasing profits and reducing costs.
Primary duties: Architecture designers develop and plan design layouts for landscapes and buildings. The designers use manual drawing methods and computer-aided design software to develop architectural plans. The professionals also rework and modify designs depending on comments from authorities or management of projects. Providing time, cost and machinery requirement estimates are also other responsibilities of architectural designers.
Primary duties: Customer solution specialists handle client-related complaints, inquiries and other issues to ensure customer satisfaction. The specialist responds to emails, calls or face customers who come to the customer support desk with inquiries or complaints. The specialists also track customer-related proposed resolutions and inform customers in a timely fashion.
Primary duties: Content marketing specialists increase brand awareness and web traffic through online marketing of content. The specialists create sharable content, distribute the content to appropriate platforms and measure the result of the implemented marketing activities. Designing and implementing content marketing strategies are also other responsibilities of content marketing specialists.
Primary duties: Business consultants improve organizations operations by evaluating and analyzing weaknesses and strengths and recommend business solutions. The consultants also organize, manage, and plan business projects and determine and track business projects key performance indicators. Collecting and analyzing information about a business to develop strategies.
Primary duties: Business analysts help businesses cost-effectively implement technology solutions. The analysts determine the projects requirements and communicate them to key stakeholders. The analysts also gather and interpret data to develop strategies and find solutions to business-related challenges using the collected data. Business analysts participate in functionality and user acceptance testing of new systems.
Primary duties: Project managers lead in monitoring, planning, controlling, closing and executing projects. The managers lead their teams to deliver projects within set budgets, on time and ensure they keep all team members and stakeholders happy. Analyzing and managing threats and risks, ensuring customer satisfaction and motivating staff are other responsibilities of project managers.
Primary duties: Planning analysts develop, implement and design business strategies to increase profits. Analysts study, collect and analyze a companys data and financial information such as sales figures, inventory control and market trends to create business strategies. Creating sales projections, financial and market forecasts are also the responsibilities of planning analysts.
Primary duties: Research project managers lead research projects to satisfy scientific or business objectives. The managers choose the techniques and methodologies to use in research. The managers also validate collected data and author reports and communication across various research departments. Completing project management deliverables like research schedules, progress reports, project plans, investigation reports, and intelligence reports are other research project managers duties.
Primary duties: Technical product managers research to identify customers needs to develop strategies to meet the demands. The managers work with the information Technology department to implement the latest technologies and other departments to monitor the progress of a business. The managers conduct surveys and contact existing clients to learn what customers seek. Studying competitors services and products, exploring ways of improving products, identifying and presenting innovative product solutions, and technical product managers are also other responsibilities.
What is a strategic thinking job?
What jobs involve strategy?
12 careers in strategy
- Finance manager. …
- Corporate strategist. …
- Financial advisor. …
- Business development analyst. …
- Business analyst. …
- Project manager. …
- Investment banker.
How do you become a strategist thinker?
- Understand the core strategy process. …
- Build Your toolkit. …
- Develop A Skill In Understanding Drivers. …
- Be Curious. …
- Practice Visual Strategy. …
- Connect Challenges and Opportunities with Commercial Outcomes. …
- 11 Articles To Improve Mission, Strategy and Execution.
What is an example of a strategic thinker?