Thinking strategically is important for both work and everyday life to thrive rather than just survive. While people are good at making routine decisions quickly, strategic thinking is needed for more difficult decisions by weighing options, researching facts, and selecting from the best alternatives. The document defines strategy as focusing on long-term goals and overall organizational success through experience and analysis, while tactics are shorter-term plans and processes to achieve specific goals using resources and producing deliverables. Strategic thinking allows individuals and organizations to effectively align resources and goals.