Strategic thinking is a way of achieving a set of goals in a well-reasoned and logical way. It involves understanding the complete landscape of any activity, analysing where the opportunities and challenges lie, and putting together a decisive action plan for success. A big part of this is setting clear and actionable goals, determining how achievable they are and by when. This CPD article will outline what it means to think strategically, why it’s important, and offer key techniques for improving strategic thinking.
What skills can help your strategic thinking?
There are a number of different skills that contribute to the ability to think strategically. These include:
Critical thinking skills
Critical thinking is the ability to evaluate information or opinions thoroughly to reach accurate and insightful conclusions. This is essential to developing your ability to think strategically as it will help you to better understand and interrogate the information you need to make strategic decisions. How to develop critical thinking skills.
Problem-solving skills
To develop a winning strategy, the first step is always understanding the problem that’s trying to be solved. This could be anything from remedying poor performance to improving logistical inefficiencies or earning more leads. Usually, the need for strategic thinking is rooted in solving a problem. Improving your ability to understand and solve problems is a surefire way to improve your strategic mindset. Improve your problem-solving skills.
Planning and management skills
Strategy is finding the best solutions and then building a roadmap to success. As such, having the necessary planning and management skills to be able to implement a strategy is a massive boost to your strategic thinking abilities. With good planning skills, you’ll be able to foresee future logistical challenges that can inform your strategic development.