Strategic Thinking for Life
Posted: Sun Dec 22, 2024 5:41 am
A person achieves what he strives for thanks to the correct models of strategic thinking, since they can be applied to solving any problem in routine life.
Of course, cooking dinner doesn't require any specific strategies. But managing finances requires strategic thinking - buying a new apartment, building a house, saving up for a car, developing your own strategy for moving up the career ladder.
For example, you planned to buy a new car for 6 million kuwait whatsapp numbers rubles in a year. You only have 4 million rubles on hand. You have 12 months to save up the missing amount, and you also need to analyze how you can earn it.
Strategic Thinking for Life
Source: shutterstock.com
Let's say you own a food delivery business. And it brings you 2 million rubles a year in net profit. You spend a million on everyday expenses. That is, you need to earn an additional million. And you can do it this way:
diversify the diet: for example, add dishes for vegetarians;
expand the range of services provided: add the ability to order coffee and desserts.
After calculating your potential earnings, you realize that this amount is enough for you to buy a new car.
Strategic Thinking for Business
Strategic thinking is necessary for a manager to successfully manage the company's affairs, as well as to find growth points for the enterprise, think through development steps or a way out of a difficult situation.
Thus, a top manager can decide to release a CRM system for a small business. The team developed an MVP - a minimum viable product, according to which the entrepreneur sees that it is necessary to spend a lot of resources and time to create a competitive model.
He understands the level of competition in the chosen niche, how much work will be required to create a fully functional CRM system, and how much money will have to be invested in promoting the developed product.
To notice the full range of shortcomings of such an idea, you need to have systemic strategic thinking, which helps to foresee the emergence of possible problems and details that are difficult to immediately notice.
Entrepreneurs need to regularly analyze the market and understand what will be a profitable investment, for example, developing a new task tracker, and not just a simple one, but similar to Trello. He could understand that there are quite a lot of products on the market, many CRM systems, but some of them can be eliminated due to an excessively large or, on the contrary, insufficient number of functions.
There are trackers combined with CRM, as well as programs suitable only for individual use. A product similar to Trello in its interface and functionality is interesting to the target audience. It will be cheaper to develop than a CRM system. And the probability of success is expected to be higher.
Differences between strategic thinking, analytical and tactical thinking
Let's look at the main differences between strategic and analytical thinking.
Analytical thinking assumes that a person, having studied the presented volume of information, can draw adequate conclusions.
Strategic thinking, in simple terms, involves predicting future actions and building a plan based on them.
From this we can conclude that without analytical thinking, fundamental strategic thinking is impossible. It is considered complex and very difficult.
Differences between strategic thinking, analytical and tactical thinking
Source: shutterstock.com
Sun Tzu, a Chinese military strategist, wrote the following phrase in his book, The Art of War: “Strategy without tactics is the slowest path to victory, tactics without strategy is the noise before defeat,” which confirms what was said above.
The main questions that strategy and tactics are prepared to answer are, respectively, "What?" and "How?" But do not confuse these concepts and do not consider them opposites. They are complementary, since when using strategic thinking, the development of goals occurs in the long term. Shorter-term tasks, as well as desires, are realized using tactically planned and clearly defined actions.
In addition, there are a number of other points that need to be taken into account:
strategy is more global and works over a long period of time in an unchanged state. Tactics are subject to constant adjustments related to long-term strategic tasks;
It is impossible to achieve a goal without using tactics and strategy. For example, when deciding to conquer a mountain peak using strategy, you need to determine the slope you will climb. Tactics affect the selection of a team, preparation of equipment and gear, development of a complete plan according to which the project will be implemented, etc.;
strategy and tactics must be aimed at achieving some global goal. That is, tactical actions are selected for the general strategy. If the action needs to be adjusted, then the tactical plan can be changed an infinite number of times. With strategy, things are more complicated. When realizing that the original strategy needs to be revised, this may require investing a lot of effort and energy.
Strategies are always consistent, and tactics are flexible and built in accordance with the main task. That is, it is a complex system in strategic management thinking.
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Of course, cooking dinner doesn't require any specific strategies. But managing finances requires strategic thinking - buying a new apartment, building a house, saving up for a car, developing your own strategy for moving up the career ladder.
For example, you planned to buy a new car for 6 million kuwait whatsapp numbers rubles in a year. You only have 4 million rubles on hand. You have 12 months to save up the missing amount, and you also need to analyze how you can earn it.
Strategic Thinking for Life
Source: shutterstock.com
Let's say you own a food delivery business. And it brings you 2 million rubles a year in net profit. You spend a million on everyday expenses. That is, you need to earn an additional million. And you can do it this way:
diversify the diet: for example, add dishes for vegetarians;
expand the range of services provided: add the ability to order coffee and desserts.
After calculating your potential earnings, you realize that this amount is enough for you to buy a new car.
Strategic Thinking for Business
Strategic thinking is necessary for a manager to successfully manage the company's affairs, as well as to find growth points for the enterprise, think through development steps or a way out of a difficult situation.
Thus, a top manager can decide to release a CRM system for a small business. The team developed an MVP - a minimum viable product, according to which the entrepreneur sees that it is necessary to spend a lot of resources and time to create a competitive model.
He understands the level of competition in the chosen niche, how much work will be required to create a fully functional CRM system, and how much money will have to be invested in promoting the developed product.
To notice the full range of shortcomings of such an idea, you need to have systemic strategic thinking, which helps to foresee the emergence of possible problems and details that are difficult to immediately notice.
Entrepreneurs need to regularly analyze the market and understand what will be a profitable investment, for example, developing a new task tracker, and not just a simple one, but similar to Trello. He could understand that there are quite a lot of products on the market, many CRM systems, but some of them can be eliminated due to an excessively large or, on the contrary, insufficient number of functions.
There are trackers combined with CRM, as well as programs suitable only for individual use. A product similar to Trello in its interface and functionality is interesting to the target audience. It will be cheaper to develop than a CRM system. And the probability of success is expected to be higher.
Differences between strategic thinking, analytical and tactical thinking
Let's look at the main differences between strategic and analytical thinking.
Analytical thinking assumes that a person, having studied the presented volume of information, can draw adequate conclusions.
Strategic thinking, in simple terms, involves predicting future actions and building a plan based on them.
From this we can conclude that without analytical thinking, fundamental strategic thinking is impossible. It is considered complex and very difficult.
Differences between strategic thinking, analytical and tactical thinking
Source: shutterstock.com
Sun Tzu, a Chinese military strategist, wrote the following phrase in his book, The Art of War: “Strategy without tactics is the slowest path to victory, tactics without strategy is the noise before defeat,” which confirms what was said above.
The main questions that strategy and tactics are prepared to answer are, respectively, "What?" and "How?" But do not confuse these concepts and do not consider them opposites. They are complementary, since when using strategic thinking, the development of goals occurs in the long term. Shorter-term tasks, as well as desires, are realized using tactically planned and clearly defined actions.
In addition, there are a number of other points that need to be taken into account:
strategy is more global and works over a long period of time in an unchanged state. Tactics are subject to constant adjustments related to long-term strategic tasks;
It is impossible to achieve a goal without using tactics and strategy. For example, when deciding to conquer a mountain peak using strategy, you need to determine the slope you will climb. Tactics affect the selection of a team, preparation of equipment and gear, development of a complete plan according to which the project will be implemented, etc.;
strategy and tactics must be aimed at achieving some global goal. That is, tactical actions are selected for the general strategy. If the action needs to be adjusted, then the tactical plan can be changed an infinite number of times. With strategy, things are more complicated. When realizing that the original strategy needs to be revised, this may require investing a lot of effort and energy.
Strategies are always consistent, and tactics are flexible and built in accordance with the main task. That is, it is a complex system in strategic management thinking.
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