Great Strategic
Thinking -- Ten Essentials
By J. Glenn Ebersole
Strategic thinking
is essential to improving your business performance. And in order to raise the
bar of performance in your business from where you are now to where you want to
be will require a level of strategic thinking that is in perfect harmony with
our vision for the business. Strategic thinking will create a structured and
progressive path forward to your vision. There are ten essential requirements
to become a great strategic thinker. Those ten include:
Essential Element
#1: You must have a vision. And you must
be great at thinking with a strategic purpose and creating a visioning
process. Great strategic thinkers are visionaries.
Essential Element #2: You must
learn from experience and commit to being a lifelong learner. You must use your
experiences to think better on strategic issues. Great strategic thinkers
strive for continuous improvement in all they do.
Essential Element #3: You must
learn to use your time efficiently and effectively. Great strategic thinkers
place a high value on time and are masters of strategic time management.
Essential Element #4: You must
have an extremely high level of awareness of what is happening around you and be
open to absorbing all that you can. In any business, there are clues, often
subtle, both internal and external to help guide future direction and to
identify opportunities. Great strategic thinkers take all of this in and then
they set aside time to think about all the experience and information to guide
them in the planning and working on the issues, challenges and opportunities
that lie ahead.
Essential Element #5: You must
be patient. It is so important to remember that strategic thinking is about the
longer-term future, rather than about today, tomorrow or next week.
Essential Element #6: You must
have clearly defined and focused milestones and goals. Ad these must be subject
to frequent review to ensure your thinking is validated. Great strategic
thinkers have an innate ability to identify the potential twists and turns and
"potholes or landmines" that could destroy the possibility of
reaching the desired milestones.
Essential Element #7: You must
be open-minded. Great strategic thinkers do not bind themselves by constantly
judging their thinking as they think up ideas. They keep open minds and test
the detail later.
Essential Element #8: You must
be realistic in creating your ideas and be honest about what is achievable in
the longer term. This will facilitate and ensure a higher probability of
delivering success. The great strategic thinker will "under-promise"
and "over-deliver."
Essential Element #9: You must
reserve and set aside time for your self. In highly competitive and intense business
dealings, it is important to take time out. This could be a retreat, or a day
away to a creative relaxing place to do some strategic thinking without undue
distractions. Great strategic thinkers set aside time to "think!"
Essential Element #10: You must
seek the advice and perspective of others. This may take the form of bouncing
ideas off a team of people; participating in a peer advisory group; or working
with a strategic thinking business coach to achieve that needed advice and
other perspective.
If you can
acquire the above top ten essential elements, then you will become a great
strategic thinker.