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You’re a business management professional. How can you develop your strategic thinking skills?

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Strategic thinking is the ability to see the big picture, anticipate future scenarios, and create innovative solutions. It is a vital skill for business management professionals who want to lead their teams and organizations to success. However, strategic thinking is not something that comes naturally to everyone. It requires practice, feedback, and reflection. Here are some ways you can develop your strategic thinking skills and become a more effective leader.

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Andres Macías

Consultor Microsoft 365 / CEO MayMo Soluciones / Transformación Digital /
Marcos Monterroso Godinho

CEO at Tikedo Spain | Global Executive | Managing Director | Board Member | International Expansion | Change &…

1 Learn from others

One of the best ways to improve your strategic thinking is to learn from others who have demonstrated it. You can read books, articles, podcasts, or case studies that showcase how successful leaders have used strategic thinking to overcome challenges, seize opportunities, and achieve goals. You can also seek mentors, coaches, or peers who can share their insights, experiences, and perspectives with you. By exposing yourself to different sources of strategic wisdom, you can expand your knowledge, stimulate your imagination, and sharpen your judgment.

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Marcos Monterroso Godinho

CEO at Tikedo Spain | Global Executive | Managing Director | Board Member | International Expansion | Change & Transformation | Leadership | Industry | Retail | FMCG | Packaging
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Sumérgete en la lectura de libros y artículos líderes en estrategia, y participa en cursos o talleres especializados para mantenerte al tanto de las últimas teorías y marcos estratégicos. Aprovecha cada oportunidad en tu trabajo para involucrarte en la planificación estratégica y la toma de decisiones, ya que la aplicación práctica de conceptos teóricos refuerza el aprendizaje. La colaboración con mentores o colegas experimentados puede proporcionarte perspectivas diversas y profundizar tu comprensión de estrategias complejas. Finalmente, dedica tiempo a la reflexión y al análisis crítico de decisiones pasadas y sus resultados, lo que te permitirá identificar áreas de mejora y adaptar tus enfoques para futuros desafíos estratégicos.

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Andres Macías

Consultor Microsoft 365 / CEO MayMo Soluciones / Transformación Digital /
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Según. Mi experiencia, convivir con profesionales de diversas áreas, cuyas experiencias, perspectivas y enfoque es diferente al tuyo. Contribuye a mejorar tu pensamiento estratégico, todas esas ideas diferentes, ese conocimiento diverso te complementara, solo si ewtas abierto a nuevas formas de pensar. Obviamente si tú ego no te permite aprender o desarrollar a partir de conocer nuevas formas de pensar. Te estáncaras. Abre tu mente.

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Federico Figueroa, Jr., DBA, ME, Top Logistics Voice

Consultant and Trainer, Supply Chain, Business Research and Management
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Noticed a business management professional, developing strategic thinking skills. It involves applying critical thinking skills in achieving objectives of the project, performing key processes, establishing start and finish date, defining the requirements of the project, controlling inputs and outputs, creating conditions making the success probable for the project, finding areas where serious problem can occur, focusing on action considering time and resources, and understanding the involvement of the relevant stakeholders. A manager possessing strategic thinking skills developed good attitude and behaviour and obtained a harmonious relationship with the relevant stakeholders in the internal and external supply chain.

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Federico Figueroa, Jr., DBA, ME, Top Logistics Voice

Consultant and Trainer, Supply Chain, Business Research and Management
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Observed a business management professional, developing strategic thinking skills. It involves understanding the nature of strategy, knowing the relevant reason why companies fails, defining the strategy, describing the level and the role of strategy, comprehending the concept and components of a typical strategy process, discerning the characteristics of strategic decisions and business strategic model, and describing the brief introduction of the value chain and the framework of competitive advantage in realizing the courses of action.

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Francisco De Esteban Plata

Hostelería y turismo.
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Para desarrollar tus habilidades de pensamiento estratégico: Observa y analiza tendencias en tu industria. Plantea preguntas profundas para explorar nuevas perspectivas. Practica la toma de decisiones considerando las consecuencias a largo plazo. Aprende de líderes estratégicos a través de mentorías o estudiando sus enfoques. Participa en simulaciones o juegos de estrategia que desafíen tu pensamiento.

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2 Ask powerful questions

Enhancing strategic thinking can be done by asking powerful questions that challenge assumptions, uncover new possibilities, and create insights. You can begin by asking yourself what the purpose and vision of your team or organization is, as well as what current and emerging trends, needs, and expectations your customers, stakeholders, and competitors have. Additionally, inquire about the strengths, weaknesses, opportunities, and threats of your current situation. It's also important to consider the best and worst case scenarios of your actions and decisions, along with the alternatives, trade-offs, and consequences of your choices. Finally, ask how you can measure, monitor, and improve your performance and impact. Asking these questions will help you clarify goals, analyze the environment around you, evaluate options available to you, and plan for future actions.

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Andres Macías

Consultor Microsoft 365 / CEO MayMo Soluciones / Transformación Digital /
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Tener la pregunta correcta muchas veces es la respuesta en si. Muchos buscan incansablemente una respuesta, pero, entender el problema, determinar la problemática en si. Formular las preguntas adecuadas para determinar los propósitos. Ecichar a tu equipo para complementar los alcanc s puede darte las bases para intentar resolver la problemática de cada proceso. Si no sabes qué buscas será más difícil encontrarlo. No tengas miedo de plantear las preguntas correctas son la base.

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Marcio Andrade Silva

Board member at SMB Group, investor
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Certainly, here are some concise yet powerful questions: 1. What assumptions underpin our strategy? 2. How can we capitalize on industry trends? 3. What risks are we neglecting? 4. Define success for our ambitious goals. 5. Adapt strategy to evolving customer needs? 6. Opportunities within our challenges? 7. Align actions with long-term vision? 8. Unintended consequences of our strategy? 9. Foster innovation in planning? 10. Lessons from successes and failures?

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3 Think in systems

A third way to boost your strategic thinking is to think in systems. This means understanding how the different elements of your team or organization interact, influence, and depend on each other. It also means recognizing how your team or organization fits into the larger context of your industry, market, and society. By thinking in systems, you can identify the root causes, patterns, and relationships of the issues you face. You can also anticipate the potential outcomes, risks, and opportunities of your interventions. You can use tools such as diagrams, maps, models, or simulations to help you visualize and communicate the system dynamics.

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Andres Macías

Consultor Microsoft 365 / CEO MayMo Soluciones / Transformación Digital /
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Todos somos parte de un sistema. Como lo dice la teoría del caos, las peque?as fluctuaciones pueden generar grandes cambios. El conocimiento del entorno te permitirá estar preparado y anticipar estás peque?as fluctuaciones a tu favor. El desconocimiento, la falta de objetivos, tú ego, puede truncar tu visión y no permitirte la adaptabilidad y anticipación es a los factores externos. La única constante es el cambio y ningún sistema está exento.

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Marcio Andrade Silva

Board member at SMB Group, investor
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Certainly, here's a condensed version: 1. How do departments interact internally? 2. What feedback influences our decisions? 3. External factors' impact on internal systems? 4. Address bottlenecks or inefficiencies? 5. Optimize resource and information flow? 6. Identify stakeholder dependencies? 7. Leverage emergent properties? 8. Interconnectedness of system changes? 9. Address systemic risks? 10. Foster resilience and adaptability?

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4 Experiment and learn

A fourth way to cultivate your strategic thinking is to experiment and learn. This means testing your assumptions, ideas, and hypotheses in small-scale and low-risk ways. It also means collecting feedback, data, and evidence to validate or invalidate your results. By experimenting and learning, you can discover new insights, innovations, and solutions. You can also adapt and improve your strategies based on the changing conditions and feedback. You can use methods such as prototyping, piloting, or A/B testing to help you design and conduct your experiments.

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Andres Macías

Consultor Microsoft 365 / CEO MayMo Soluciones / Transformación Digital /
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Tener una gran cantidad de conocimiento no te hará sobresalir, tienes que aplicar lo aprendido, el conocimiento solo sirve si no compartes y lo aplicas. Prueba y error te dara experiencia, y posteriormente el éxito. Si no experimentas no desarrollaras las posibles soluciones y estarás condenado a repetir los mismos errores. Intenta, falla y vuelve a intentar, busca opciones has cosas diferentes, convive con gente diferente y el resultado será el aprendizaje y una capacidad de pensamiento más estratégico.

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Marcio Andrade Silva

Board member at SMB Group, investor
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Certainly, here's a more concise version: 1. Experiment to test assumptions. 2. Learn from successes and failures. 3. Encourage a culture of experimentation. 4. Measure experiment outcomes. 5. Apply insights to refine strategy. 6. Allocate resources for learning. 7. Extract key takeaways from experiments. 8. Foster knowledge sharing. 9. Iterate based on new learnings. 10. Pursue continuous improvement.

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5 Reflect and review

A fifth way to develop your strategic thinking is to reflect and review. This means taking time to review your actions, decisions, and outcomes. It also means reflecting on your thoughts, feelings, and behaviors. By reflecting and reviewing, you can assess your performance, impact, and progress. You can also identify your strengths, weaknesses, areas of improvement, and lessons learned. You can use tools such as journals, logs, surveys, or feedback sessions to help you document and analyze your reflections.

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Erick Herrera Porcallo

Director Ejecutivo en Grupo Funeza
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En mi experiencia es importante crear un círculo cercano de profesionales de los que puedas aprender. La formación constante es importante. Siempre que creas que ya dominas un tema es momento de seguir buscando nuevos conocimientos. Otros puntos relevantes que ayudan: 1. Que te guste y apasione lo que haces. 2. Aprende a ver lo que los demás no pueden ver. 3. Centrarse siempre en ideas de cómo mejorar la experiencia de los clientes y/o captar más clientes. 4. Salirse de la operación para poder tener claridad del negocio como sistema completo: delegar, desarrollar equipos y facultarlos para tomar decisiones. 5. Anticiparse al futuro: Crear escenarios y proyecciones 6. Tomar decisiones y ejecutar para materializar las ideas.

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Marcio Andrade Silva

Board member at SMB Group, investor
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Certainly, reflecting and reviewing are essential for refining strategic thinking. Here are concise prompts: 1. Reflect on past decisions and their outcomes. 2. Review strategic goals and progress. 3. Identify lessons learned from successes and failures. 4. Assess alignment with organizational values and vision. 5. Seek feedback from stakeholders and team members. 6. Determine adjustments needed for future strategies. 7. Analyze market trends and competitor actions. 8. Evaluate the effectiveness of implemented strategies. 9. Identify areas for improvement and innovation. 10. Incorporate insights into strategic planning processes.

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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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You’re a business management professional. How can you develop your strategic thinking skills?

1

2

3

4

5

6

1 Learn from others

2 Ask powerful questions

3 Think in systems

4 Experiment and learn

5 Reflect and review

6 Here’s what else to consider

Business Management

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You’re a business management professional. How can you develop your strategic thinking skills?

1

2

3

4

5

6

1 Learn from others

2 Ask powerful questions

3 Think in systems

4 Experiment and learn

5 Reflect and review

6 Here’s what else to consider

Business Management

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