Save 50% in the Mind Tools store!
Our massive Black Friday sale continues in the Mind Tools store! Save 50% on all resources until December 8.
Visit the store
MAIN MENU
May 26, 2014

Change Your Perspective and Think Strategically

Rachel Salaman

, , , ,

Rich-Horwath_200x250Clearly, leaders need to be able to think strategically in order to lead effectively. But what does "strategic thinking" actually mean?

In our Expert Interview with Rich Horwath, he defines "a strategy" as a plan to allocate your limited resources, time, talent and budget to achieve your goals and objectives; and "strategic thinking" as the ability to generate new insights or ideas that achieve some kind of advantage.

For Horwath, this advantage can be gained by focusing on three disciplines:

  • Coalesce (or bring together).
  • Compete.
  • Champion.

In his new book, "Elevate", he explains how you can use these disciplines to your advantage, and he discusses the importance of ‘tradeoffs’ – choosing what not to do.


Listen to the full interview
 ¦ Install Flash Player.

Check out the rest of our Expert Interview (premium members only) for more of Rich's tips on strategic thinking.

Question: What’s your definition of strategic thinking – and how can we get better at it? And what do you prioritize when developing strategy? Join the discussion below!

Share this post:

2 comments on “Change Your Perspective and Think Strategically”

  1. Hi Mark

    Thanks for sharing. Working without strategy is like being swept around by strong winds or currents!
    What values do you hold important in your business / career and how do they influence your strategy? Looking forward to hear from you.

Leave a Reply

Your email address will not be published.

Stay in the know

By registering for a free account, you'll receive great benefits, our weekly newsletter being one of them. Our newsletter keeps you up to date on our new resources, videos, articles, and more.
Subscribe
Our members’ confidentiality is important to us. For more information, check out our Privacy Policy.

Stay in the know

By registering for a free account, you'll receive great benefits, our weekly newsletter being one of them. Our newsletter keeps you up to date on our new resources, videos, articles, and more.
Subscribe

Save 50% in the Mind Tools store!

Our massive Black Friday sale continues in the Mind Tools store! Save 50% on all resources until December 8.
Visit the store

You may also like...

November 24, 2022

"Become an Observer Every Day!" Lorraine Marchand on Innovation

"Get yourself a notebook. Every day, write down three problems that you observe.  This can be the place where you drive and foment your own change."

, , ,

November 23, 2022

Why Is Taking Paternity Leave So Hard?

Is paternity leave working? How do new fathers feel about it? I spoke to some parents at Mind Tools to find out.

, ,

November 17, 2022

Why Is Returning From Maternity Leave So Hard?

How can managers and leaders make returning from maternity leave easier for working mothers? I spoke to some parents at Mind Tools to find out.

, , ,

© Emerald Works Limited 2022. All rights reserved. "Mind Tools" is a registered trademark of Emerald Works Limited.

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram