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Strategic Thinking and Management
- 1. STRATEGIC THINKING & MANAGEMENT ...andwhy is it important?
- 2. Strategic Management Key Elements 2 Long-term Strategic Choices Competitive Advantage Core Competencies
- 3. Strategic Management Process 3 Identify andTrack Opportunities Choose a Strategic Direction Alignment Across Functions Implementation Monitor and Control
- 4. Strategic Management Why is itimportant? 4 Changing Competitive Landscape Commoditization Consumer Trends Technology Advancements
- 5. What about sustainability ofa competitive advantage? 5
- 6. 6 Are Strategic Managementand Strategic Thinking related?
- 7. Strategic Management and Strategic Thinking Association 7 “Strategic Thinking isa process applied for Strategic Management, to extract insights, opportunities and risks that are used to create competitive advantage for a firm”
- 8. Strategic Thinking What is it? 8 Analyzing Critical Factors Acknowledging Economic Realities Monitoring Market Forces Thriving in Competition
- 9. Strategic Thinking What do youneed? 9 Right Research Objectives Complete and Consistent Data Analytical Thinking Innovative Mindset
- 10. Strategic thinking doesnot mean taking bigger decisions only. It simply means taking smaller decisions in context with the overall broader goals of the organization 10 I’m not the CEO. Is it for me?
- 11. Strategic Thinking So what isstopping us? 11 Knowledge CULTURE MINDSETKNOWLEDGE
- 12. Strategic Thinking Behavioral Biases against StrategicThinking 12 Confirmation Bias Anchoring Reflex over Reflect Exploitative over Explorative
- 13. How to Inculcate Strategic Thinking 13 KNOW THINK SPEAKACT STRATEGIC THINKING Nina Bowman (HBR Guide to Thinking Strategically)
- 14.