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What are the best ways to demonstrate strategic thinking in a business reporting role?

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Strategic thinking is a valuable skill for any business reporting role, as it helps you to analyze data, identify trends, and communicate insights that can inform decision-making and planning. However, how can you demonstrate your strategic thinking abilities to your managers, colleagues, and clients? Here are some tips to show that you are a strategic thinker in your business reporting role.

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Deepak Khurana CPSCM?

Certified Procurement & Supply Chain Management Professional | Mentor & Guide |
Clare Eason

?Award-Winning Global Responsible Business Expert | Global Consultant & Coach | Transforming Workplace Culture…

1 Understand the big picture

One of the first steps to demonstrate strategic thinking is to understand the big picture of your organization, industry, and market. This means being aware of the vision, mission, goals, and challenges of your company, as well as the external factors that affect it, such as competitors, customers, regulations, and trends. By having a broad perspective, you can align your reporting with the strategic priorities and objectives of your organization, and provide relevant and meaningful insights that can help achieve them.

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Clare Eason

?Award-Winning Global Responsible Business Expert | Global Consultant & Coach | Transforming Workplace Culture, Wellbeing, DEI & Sustainability | Trustee at Sisters Grimm | Motivational Speaker?
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Big picture is a vital component of any successful strategy. Understanding all stakeholders enables much higher levels of success and engagement. Alignment with mission, values and vision of the business will ensure your strategic thinking is relevant and authentic and this will again give much higher levels of success and engagement.

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Deepak Khurana CPSCM?

Certified Procurement & Supply Chain Management Professional | Mentor & Guide |
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Well said & I think this us something very basics for the leaders to understand. When you know the objectives, visions, missions & goals of your organisation you are in better position to provide meaningful & relevant reporting insight to your leadership. Yours decisions & inputs should aligned with companies goals or else it will lead to different directions. Knowing about your organisation’s progress path & stepping in those pathways will always help organisations you grow fast.

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2 Ask the right questions

Another way to show your strategic thinking is to ask the right questions before, during, and after your reporting process. This means not only asking what the data shows, but also why it matters, how it relates to other data, what assumptions and limitations are involved, and what implications and recommendations can be derived from it. By asking the right questions, you can demonstrate your curiosity, critical thinking, and problem-solving skills, and provide reports that are not only descriptive, but also analytical and prescriptive.

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Deepak Khurana CPSCM?

Certified Procurement & Supply Chain Management Professional | Mentor & Guide |
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Asking right questions during, before or after reporting always helps you to deliver right accurate, to the point information. It shows your intellect & curiosity to know more & contribute meaningfully. It also gives mindful thoughts & analytical thinking which can boost the final outcome. It also depicts challenges, high & low points, analytical descriptions & solutions to the problems or gaps giving full blown picture for success.

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Deepak Khurana CPSCM?

Certified Procurement & Supply Chain Management Professional | Mentor & Guide |
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Asking right questions during, before or after reporting always helps you to deliver right accurate, to the point information. It shows your intellect & curiosity to know more & contribute meaningfully. It also gives mindful thoughts & analytical thinking which can boost the final outcome. It also depicts challenges, high & low points, analytical descriptions & solutions to the problems or gaps giving full blown picture for success.

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3 Use frameworks and models

A third way to demonstrate strategic thinking is to use frameworks and models to structure and present your reports. Frameworks and models are tools that can help you organize, simplify, and visualize complex data and information, and communicate them in a clear and concise way. For example, you can use a SWOT analysis to assess the strengths, weaknesses, opportunities, and threats of a situation, or a SMART framework to set specific, measurable, achievable, relevant, and time-bound goals. By using frameworks and models, you can show your ability to synthesize and interpret data, and provide reports that are easy to understand and act on.

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Deepak Khurana CPSCM?

Certified Procurement & Supply Chain Management Professional | Mentor & Guide |
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Using framework & models enhance your chances to put your thoughts, strategies & action plans in more effective way. It becomes easy for you to demonstrate your thoughts in real sense which is understandable by your audience. These models also help you to understand the gaps & improvement opportunities and fine tune your strategies.

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4 Collaborate with others

A fourth way to demonstrate strategic thinking is to collaborate with others in your reporting role. This means seeking feedback, input, and advice from your managers, colleagues, and clients, as well as sharing your insights, findings, and suggestions with them. By collaborating with others, you can show your willingness to learn, improve, and contribute to the team and the organization, and provide reports that are aligned with the expectations and needs of your stakeholders.

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Deepak Khurana CPSCM?

Certified Procurement & Supply Chain Management Professional | Mentor & Guide |
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Absolutely collaborating with your stakeholders & getting feedback is always very effective way to improve & align your goals with the organization. Only point is feedback should be non biased, real & honest. This will definitely provide you with an opportunity to learn, improve & collaborate more effectively.

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5 Keep learning and improving

A fifth way to demonstrate strategic thinking is to keep learning and improving your reporting skills and knowledge. This means staying updated on the latest trends, tools, and best practices in your field, as well as seeking opportunities to expand your horizons and challenge yourself. For example, you can take online courses, attend webinars, read books and articles, or join professional networks and communities. By keeping learning and improving, you can show your passion, initiative, and adaptability, and provide reports that are innovative and impactful.

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6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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What are the best ways to demonstrate strategic thinking in a business reporting role?

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1 Understand the big picture

2 Ask the right questions

3 Use frameworks and models

4 Collaborate with others

5 Keep learning and improving

6 Here’s what else to consider

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