Tag: Strategic Planning

What is the Strategic Mindset?

What is the Strategic Mindset?

As explained in my book, Strategy Quest, the strategic mindset comprises two parts, strategic intuition, and strategic thinking. Strategic intuition uses intuition to create a strategic vision in the service of a strategic goal. Strategic Thinking uses critical thinking, statistical analysis, and a strategic decision-making framework to decide if a concept, developed from a vision, qualifies as a strategic opportunity.  

This view of the strategic mindset is probably very different from anything you have ever learned about strategy. But, consider that strategic thought hasn’t progressed in decades. Business Schools are still teaching strategy based on industrial-age Talyorist “management science.” Strategy Quest is my attempt to disrupt the status quo and move strategy into the 21st Century.

#executivedevelopment #executivetraining #strategy #Strategicthinking #strategicleadership #strategicmindset #leadershipdevelopment 

Truly Strategic Ideas Can’t Be Brainstormed

Truly Strategic Ideas Can’t Be Brainstormed

The many well-documented problems with group brainstorming limit its creative potential. These include social loafing, inhibition, production blocking, and regression to the mean. Even if these difficulties could be overcome, strategic ideas cannot be created in a brainstorming session since they are too complex.

Having a strategically insightful idea requires setting an ambiguous goal that is neither too constrained nor too loose. A properly configured goal facilitates the divergent exploration for new information. This information must be consolidated into long-term memory so that the mind can unconsciously incubate ideas. This iterative process can take weeks or months, and insights are likely to come when least expected. Have you ever been awakened by an insightful idea in the middle of the night?

To ensure that you have insightful ideas to propose, begin your strategy quest months before the proposal deadline.  Ideas are abstract, so make sure that you leave sufficient time to develop your insights into a tangible and understandable concept.