Strategic thinking and planning – Long term corporate planning, long term planning in business delivered by The Corporate Coach Training Group UK  
Strategic thinking and planning - Long term corporate planning, long term planning in business delivered by The Corporate Coach Training Group UK
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Strategic thinking

Strategic thinking in principle means: Thinking based on the premise of "self determination" and "causality".

In practice means: Deciding what outcomes you want to accomplish in the long term and asking what "causes" will have to be enacted to bring them about.

Contrast that against "Short term" thinking.
In principle this means: Thinking based on the premise of "determinism" and "fate"
In practice means: Deciding how to deal with the immediate problems and "crossing bridges as you come to them" 

Benefits of strategic thinking

  • Strategic thinking is consistent with success formula. (Day one)
  • It generates purposeful action
  • Which means people feel they are in control of their destiny.
  • Which reduces uncertainty and increases positive expectations of the future.
  • Which increases morale.
  • Which improves productive effort.
Which improves chances of economic prosperity

What consequences befall to the team that does not think strategically?

  • Not thinking strategically, (short-termism) is consistent with "failure formula" (Hazy outcomes, no plan)
  • Short-termism means people react to the environment.
  • Which means people feel they are not in control of their existence and at the whim of fate or "the markets".
  • Which increases uncertainty
  • Which has a negative effect on moral
  • Which reduces productive effort

Which reduces chances of economic prosperity.

Strategic thinking - Summary and action plan

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