Benefits of Strategic Thinking
What It Is
Strategic thinking is a strategy that most, if not all, people should familiarize themselves with. This skill involves the ability to view, analyze, and conceptualize situations (beyond immediate goals) with the objective creating a better future for themselves and others (Ebersole 1). Strategic thinkers work diligently to maximize their potential and opportunities in all aspects. People with this ability are considered problem solvers. In a broader concept, strategic thinking can promote better decision-making. Additionally, this skill can help ensure that organizations are working at their optimal level. Many companies and corporations today are looking for people to be strategic and analytical thinkers. This is a necessary tool to further advance companies and organizations. In addition, it offers a more competitive advantage in the work place.
Who Should Use It
Thinking strategically is an important skill that everyone should use to some degree. It offers a competitive edge in an ever-changing environment, especially within the workplace. Strategic thinking is a skill that can be modified or refined by simply changing certain habits. Additionally, this skill will improve the more someone practices using the various approaches for strategic thinking. According to the Harvard Business Review, the ability to think and lead strategically was twice as important as just communication. In their studies, strategic thinkers proved to be among the most highly powerful leaders, frequently tackling new ways to solve problems, planning for the future, and making crucial decisions. Strategic thinking not only helps life within the business re...
... middle of paper ...
...t is best to make sure there are no discrepancies between people, as discrepancies can make it more difficult to get to the base of the problem. An additional thing to be aware of if you want to be a good problem solver is to break down isolation in systems from one another. As mentioned in Forbes magazine, “organizational silos are the root cause of most workplace problems and are why many of them never get resolved”. When someone knows what is going on in the workplace, they have a greater influence on their peers and co-workers. Additionally, keeping an open mind is crucial to solving problems. People that are close-minded often have difficulties seeing things from different perspectives and cannot approach issues head-on. Close-minded people have a tendency to think about themselves and they lack the ability to turn a problem into a new opportunity (Llopis 4).
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Solving Problems with Metaphor “Problems are often open-ended, paradoxical, and sometimes unsolvable, and require investigation before one can come close to a solution” (Zeitz x). When problems in a field can be defined as “open-ended, paradoxical, and sometimes unsolvable,” (Zeitz x) one might be able to reasonably assume that the field is difficult to conceptualize. Problem solving is a field of mathematics specifically designed around solving mathematics-related problems in competitions. Unlike the academic competitions seen in movies like “Mean Girls” or on trivia shows like “Jeopardy,” math competitions like The William Lowell Putnam Mathematical Competition are more akin to taking a t... [tags: Problem solving, Mathematics, Analogy]
1869 words (5.3 pages)
- Life can be summed up by one Miley Cyrus saying, “Nobody is perfect.” This saying can be seen in every person, no one is the best possible version of himself or herself, but they can strive to achieve their best. In order to try and reach the best version of yourself, you have to know your strength, weaknesses, possible opportunities, and threats. If you can identify these areas you can see where improvements are needed, and know how to use your strengths to help move further toward goals in life.... [tags: Management, Strategic management, Problem solving]
1700 words (4.9 pages)
- Introduction In this paper you will read about the most important five (5) skills that a forensic accountant needs to possess and evaluate the need for each skill. The presentation includes discussion regarding the relationship between the skill and its application to business operations. The paper describes the role of a forensic accountant within a courtroom environment, the legal responsibility a forensic accountant has while providing service to a business and finally, The paper also presents two (2) cases where forensics accountants have provided vital evidence in a case and summaries of the two cases and the importance of the forensic accountants’role during each case.... [tags: Critical Thinking, Problem Solving]
1593 words (4.6 pages)
- Critical thinking is essential in business and in every aspect of life. The more time spent thinking critically about an issue or problem allows the thinker time to generate a response and a course of action. A person that thinks critically about a decision before acting has the best chance of getting optimal results. Team-A has completed the Thinking Critically simulation and has reviewed the results as a group determining that in business, thinking critically can make the difference between success and failure.... [tags: Critical Thinking Analysis]
1093 words (3.1 pages)
- A common question being passed around lately is, “how much gaming is really healthy for our children?” There has been a lot of talk about this and recent studies have been conducted to figure out this mystery if video games are healthy or harmful. Many people have been saying that video games can be both beneficial and harmful to children depending on the circumstances. The question and concern is not only whether or not games are healthy for children it also includes what games are best, should violent games be avoided, is a daily time limit on gaming necessary, can children get addicted, are the age ratings for games serious, and of course, how can parents keep their children safe.... [tags: Video game, Aggression, Problem solving]
802 words (2.3 pages)
- To ensure a clinic evolves into an empowered workforce it must have leadership commitment, support and facilitation where management 's role demonstrates a supportive attitude, role modeling, training, MBWA, taking quick action on suggestions and recognize the accomplishments of its workforce (Davis & Goetsch, 2011). Therefore, the front-line, middle and senior leadership will have to provide feedback, set expectations and provide training and guidance to promote critical decision making and problem solving skills.... [tags: Management, Problem solving, Critical thinking]
1067 words (3 pages)
- Even though technology is made accessible to the students inside the classroom, it doesn’t always mean that the students are being taught the effective techniques to ensure that they are enhancing their levels of learning or that the teachers are implementing it appropriate for the students understanding. Technology being used inside a classroom may enhance student learning and give them a new view on the different ways it can benefit their learning, however if the teacher isn 't trained, using skills, setting goals and objectives, or the structure of application then the effectiveness will not be beneficial to the students learning.... [tags: Problem solving, Critical thinking, Technology]
1141 words (3.3 pages)
- Week 6 Page 1 Decision Models – Problem Analysis LDSP: 6720 – Developing Effective Decision Models July12, 2010 Week 2 Page 2 There are a number of different problem solving methods, techniques and styles, and the purpose of this paper is to review the analysis portion as it relates to the case study assigned to this week. Further, this paper will provide a critique to the solution of the case study problem which will include three distinct errors made in the problem solving phase.... [tags: Problem Solving ]
1698 words (4.9 pages)
- Framework for Analysis For any new school principal, the human relations and communication must be a priority to successfully establish a culture of respect and collaborative learning environment. Any new principal should follow the guidelines of Miles and Frank (2008) when they stated, Each day we see school leaders succeed despite these odds. They do this by identifying their most pressing student needs and aligning all available people, time, and money to purposefully address them.... [tags: Management, Leadership, Problem solving]
1090 words (3.1 pages)
Strengths And Weaknesses Of The Best With Me : Restorative, Achiever, Learner, Responsibility, And Individualization
- Strengths are defined as a pre-existing capacity for a particular way of behaving, thinking or feeling that is authentic and energizing to the user, and enables optimal functioning, development, and performance. Growing up I began to notice some of the strength I possess and how they fall under certain themes. My main strengths consist of restorative, achiever, learner, responsibility, and individualization. However, every strength has a shadow side, or a negative effect, when used to the extreme.... [tags: Learning, Problem solving, Intelligence]
817 words (2.3 pages)