Strategic Thinking
As a Strategist, the manager has three roles: strategic
planning, strategic thinking and strategy management.While strategic planning is necessary, it is not sufficient for
success. The more critical component, strategic thinking
requires an understanding of tactical options and of how one
can skillfully select and coordinate these in order to achieve a
desired objective.
Further, strategic thinking requires the ability to project into the future both the possible ramifications of a particular tactical maneuver and its potential interactions with present and possible future tactics.
Strategy management requires “on your-feet” thinkers who are skillful adjusters. Future leaders are likely to be called on to dynamically adjust strategies as new information becomes known and unexpected events unfold. To succeed, the manager of strategy must be focused, flexible, and fast, as well as capable of recognizing fundamental shifts in business conditions.
It also requires that he or she be ready and able to reallocate resources when conditions require the firm to move in new directions.
Our simulation experience is unique in its ability to
provide training in strategy management and strategic thinking; no other learning tool can give managers experience in the execution and constant
adjustment of a strategy.
Further, our simulations allow managers to understand the interconnectedness of business functions and see that if managed as a system, businesses can be market leaders.
Quick Look!
- Create “on-your-feet” thinkers
- Our simulations develop Strategic Thinking and Strategy Management skills