signup
Join Mind Tools
Get unlimited access to 2500+ leadership & management resources in a range of learning formats when you join Mind Tools.
Join now

Sign-up to our newsletter

Subscribing to the Mind Tools newsletter will keep you up-to-date with our latest updates and newest resources.

Close
Working on it...
Successfully subscribed to the newsletter
Sorry, something went wrong
May 26, 2014

Change Your Perspective and Think Strategically

Rachel Salaman

, , , ,

©©GettyImages/JoannaCepuchowiczEyeEm

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Your email address will not be published.

Join Mind Tools

Get unlimited access to 2500+ leadership & management resources in a range of learning formats when you join Mind Tools.
Join now

You may also like...

March 15, 2023

How the Pandemic Changed the Workplace, Three Years On

How did the pandemic affect work? We chart the turbulent changes office workers have faced these last few years and consider what the future holds.

, ,

March 2, 2023

"I'm Not More or Less: I Just Am" – Emily Ladau on Disability

"Systemic ableism is shutting people out because we're not actively thinking." Allies can change that, person by person, moment by moment.

, , ,

February 22, 2023

Get Coaching – Introducing Brand-New Mind Tools Coaching Videos

Introducing six brand-new Mind Tools videos! Discover how coaching can transform individuals and teams.

,

© Emerald Works Limited 2023. All rights reserved.
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram