Monday, August 24, 2009

Strategic Thinking: Developing Foresight

By Lynn Lopez

In everyday life, in your career, and in your business, it always helps to be able to anticipate whatever changes will come your way. It is always a good idea to have a plan mapped out, but at the same time, plans don't always work out the way you want them to, which is why you need to carefully think about anything that could spoil your plans, could derail or delay your projects, or render your entire plan completely irrelevant altogether. Change, after all, is a major part of business, and being a strategic thinker will help you sort through--and be prepared for--any possible issues and challenges that you will face.

Strategic thinking is a process that involves thinking about and assessing current conditions, and then preparing for future situations that are brought about as a result of present moves and decisions. Rather than simply addressing problems as they come up on a daily basis, strategic thinking enables you to be prepared for tomorrow and equips you for any long-term problems that will arise; it also makes sure that you keep an eye out for any new opportunities as well as other possible realities that will be brought about by change. Simply put, strategic thinking means that you are able to imagine several potential futures and results.

Most people who need to develop strategic thinking rely on the help of a strategic thinking coach, who will help them develop various qualities and skills such as creativity, flexibility, decision making, and problem solving. Flexibility is a key part of being a strategic thinker. If you have an extremely rigid point of view and are not open to any changes that may take place, then you will not be prepared at all for every possible contingency, making you an ineffective strategic thinker.

Being open and receptive to external factors or forces is also important. You have to know more about both the internal and the external forces that may have an impact on your business; external factors include market conditions, regulations, and economic factors. These will certainly play a hand in how your business operates as well as in its chances of survival.

So when you have finally learned to become a strategic thinker, consider yourself to be someone who can practically see what the future will hold. You can then begin to face any challenges that your business will throw at you and be confident that you will be able to parry any blows and survive any upheavals thanks to strategic thinking.

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