4 Steps to Strategic Thinking: Impact Your Business Trajectory

Strategic thinking skills are fundamental competencies that empower you to use critical thinking to solve complex problems and plan for the future, which is essential for overcoming obstacles and achieving long-term business objectives. Employees capable of thinking critically, logically, and strategically can have a tremendous impact on an organization’s trajectory.

In this video, we dissect the four proven methods for cultivating a strategic mindset:

1. Ask Strategic Questions: To exercise your planning skills and spot opportunities, you must ask targeted questions. These questions should relate to key challenges, opportunities, or ambiguities—such as how to position your organization to enter a new market, what the direction for growth should be, or how to respond to potentially disruptive competitors.

2. Observe and Reflect: Strategic success requires strategies grounded in facts, not assumptions. Learn to gather crucial information—like conducting user interviews—to skillfully answer those strategic questions and ensure your strategy aligns with the current reality facing your organization.

3. Consider Opposing Ideas: Sharpen your logic and communication skills by rigorously testing your hypotheses. Strategists must question their assumptions, play devil’s advocate, and consider different perspectives to preemptively identify weaknesses in their argument.

4. Embrace Formal Training: If you need to quickly ramp up your strategy capabilities—whether for positioning yourself for a new role, addressing a pressing organizational need, or launching a new business—formal training can provide the necessary foundation.

By integrating these four practices, you develop a mindset focused on how to think strategically, empowering you to spot new opportunities, address emerging challenges, and plan for future success. Remember, strategic thinking requires strong analytical, communication, problem-solving, and planning/management skills to handle everything from initial data analysis (like KPIs and market conditions) to successful implementation

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