It is a fact that in the course of looking too much into detail –whether small or big or significant or not –too many managers lose sight of the long term strategy for the organization. It is no doubt important to know and remember and get into detail; yet, this should not come in the way of strategic thinking, which is what organizations need more than details.
So, the manager’s challenge is to get into details, but to such an extent and in a way that she should not be oblivious to the strategic goal of the organization. While getting into detail is tactical in nature, meaning it serves a short term goal or objective; strategy-oriented thinking is the foundation for organizational growth. Strategic thinkers move out into wider zones and do not stay in the tactical or managerial mold for long.
Learn the ways of inculcating strategic thinking
How does an organization accomplish this juggling act? The ways of doing this will be the learning a webinar from TrainHR, a highly popular provider of professional trainings for the HR industry, will be offering. Valerie Pelan, a consultant and executive coach and President of Integrated Focus, will be the speaker at this webinar. To enroll, just visit http://bit.ly/2dBcOIC
Understanding strategic thinking
So, what is strategic thinking? It is about having a vision, which implies that it is more than a global perspective. Strategic thinking is about energy and action and is brought about by a combination of business acumen and industry and competitive information.
At this session, which will be of high value for leaders, managers, individual contributors, high potentials and Baby Boomers, Valerie will highlight all these qualities and emphasize the importance of strategic thinking for the organization. In the course of this session, she will cover the following areas:
- Definition of strategic – but it is more than a simple definition
- It is more than global perspective
- It includes Business Acumen
- Industry and competitive analysis – understand your company’s industry and competitors
- Distinguish between the short term and long term Financials
- Tools include: SWOT analysis; business books and HBR
Leader vs. Manager
- Compare leader traits vs. manager traits
- Leader focuses on big picture while the manager focuses on tactical actions
- Examples: Leader has a vision – Manager delivers
- Leader does the right thing – Manager does things right