The Difference Between Strategic Planning and Strategic Thinking

[Music] simply getting your work done doesn't automatically position you for success today you your colleagues and every person in your organization is expected to think strategically but what exactly is strategic thinking and how does it differ from strategic planning strategic planning is the process by which leaders set the direction for your organization to move forward during strategic planning leaders decide on a path to success that guides how people set priorities allocate resources and plan how to achieve key goals consider it your organizational action plan strategic thinking is how you and your colleagues help create that

path to success it requires that you put the smallest decisions in the context of the organization's broader long-term goals to think strategically you'll need to keep alert to your industry your customers and your competitors and to frame your decisions based on thinking for the future rather than simply reacting to the present so how do you start to think more strategically you start by pushing past your assumptions about the way things work keep your eyes open for opportunities to better serve your customers and use these insights to guide the way you make choices in support of

your organization's overarching goals your decisions make a difference when you think strategically you're putting yourself and your organization on the smart path to success you