Bryan Bell's List: businessplanresearch

• Strategic thinking is a process that defines the manner in which people think about, assess, view, and create the future for themselves and others. It is more about creating tomorrow than responding to both day-to-day as well as long-term problems, opportunities, and new realities.
• Strategic thinkers always are willing to look outside of the “status quo” or the “we’ve always done it that way” mindset to discover more efficient and creative ways of finding solutions, reaching goals and getting things done.
  
• The strategic thinkers look at their business or organization as a whole to assess the strengths, weaknesses, opportunities and challenges or threats.
• Strategic thinking is goal oriented and guided by a vision for the future of a company or organization.
• When you are developing strategies for business growth, those strategies must have clearly defined goals that contribute to the achievement of the overall vision for the company.
• Governmental regulations, legal developments, market conditions, economic factors and technological developments can and most likely will affect how you plan for the future.
• our employees, your key advisers and other stakeholders within your industry or business sector. Conducting market research will help you align your company’s vision to the desires and expectations of your clients and customers.
• Strategic thinking involves making predictions about the future and those predictions must be realistic.
• Review and assess your organizational structure to determine if the organization and the key leaders are in place to fulfill your vision.
• An important part of thinking strategically is being able to predict what issues will arise and devising a plan to confront those issues ahead of time.
  
• Be flexible and be ready to modify your plan as conditions warrant
• develop a vision for your business or organization by thinking about future needs of your target markets.

10 more annotations...