Transcripts
1. Introduction to Strategic Thinking ?: Welcome to my course on
strategic thinking skills. What? You don't get new ideas and you don't know how
to solve a problem. You feel shy. You hide your ideas and public. You feel afraid to
take new challenges in life and always wanted to
be in your comfort zone. You think people don't
take you seriously. You find difficult to think
with a creative mindset. Well, if the answer to any
of these questions is yes, you have reached the right
place with normal excuses. In this course,
you're going to learn how to be more strategic. What a decade of experience. I'm going to teach you how to develop yourself as
a strategic thinker. This course will make you
a better professional, full of confidence
and positivity, which will help you
to grow in your job. This course is for students,
professionals, and learners. In this course you're
going to learn the basics how you being a strategic thinker can play a very important role
in your organization. Because you can provide
solutions to problems in a more innovative
and a pragmatic way. You'll see the
future challenges. And accordingly, you'll have an upper edge over
the others and make this will make you stand
out in your organization. Can you pass the test? Let's start learn
strategy thinking. It's time to grow in life at a 100% courage and confidence. Let's do this. Let's enroll for this course.
2. What is Strategic Thinking ?: Have you ever taught
the way you dig decisions impact the future? Is there a way you can dig decisions taking into
consideration the future? Yes. And that is called
strategic thinking. It's a way you think to make certain decisions
in your life, which will eventually turn out to be successful decisions. Decisions that will help
you grow in your career. Decisions that will help
you achieve your goals. The organizational goals. Strategic thinking is intentional and rational
thinking process. The way you develop
strategic thinking is eventually going to help
you build a great career. It focuses on your ability to analyze different aspects
of decision-making. What are several
critical factors that will impact your
decision-making? Your critical thinking
or strategic thinking will help you influence the long-term success
of a business. Team audit individual,
for example, if you want to set up a new
company, a new startup. The startup is based
on a food venture. Now you'll see the
future of food industry five to ten years from now growing in that
particular segment, you wanted to start
a fast food outlet. And this is where your
strategic thinking will come into play. What is going to be the
future of fast food? How people are going
to buy the fast food? Will they come and sit order? They'll order food. How will you deliver? If you receive an online order? What are the problems you
might face while opening a startup involving fast food? Now these are the questions
which will come in your mind. How you successfully
integrate them in formal business plan and open startup or
fast food venture. It is called strategic thinking. So you're analyzing
all the aspects, you are taking care of
all the critical factors. And then you are
starting your business. Does careful and
deliberate anticipation of threats and vulnerabilities. So if I start a food, a joint, or an outlet, a restaurant, which
delivers fast-food. What could be the problems? Will people enjoy
having fast food or they will move to
healthy snacking? So can I can work my fast food and pharma
of healthy snacks. That is more. The people would appeal
it more than they'll have the phosphate
as a healthy option. This is how you will integrate
health aspect taking into consideration in
future people might be interested towards
eating healthy food. So while you are wanting to
open a fast food restaurant, you are also thinking about
a degrading fast-food with healthy habits
or food items. What this would require, strategic thinking would not be just thinking about
pros and cons. It requires research. It requires analytical thinking. You need to get
into the figures. You need to analyze the
prospective customers. Who are your target audience, what age group of people would be interested in coming to
your fast food restaurant? Considering the present trend, how many online orders you
will receive an a day? How would you manage demand? Bauer? What all new technologies, innovative ideas you will bring? What if a problem
comes while you are operating the restaurant? How will you solve that problem? How would you create a
leadership and communication? They don't improve
the communication of your team players, of the people who
aren't in your team. How will you develop leadership skills in the people
who are working for you? How will you delegate? These are the things which
enrol strategic thinking. And I hope you got
this concept clear because it is important for us to understand what
exactly we are going to learn. In this course. We are going to learn a very comprehensive
thinking pattern, which involves lot
many aspects to make a business venture successful or any
ideas successful.
3. How to think Strategically ?: Now the next question is, how to think strategically? Is there to wait? Is there a pattern? Well, there is no well-defined button. It depends upon how
you see the future. It depends upon how you
analyze what is going to happen before taking any
decision or any action. You should imagine. You should have a picture in your mind how things
would look like. So taking the example
of the food start-up, which is healthy
snacks or fast food. Now you're looking into the future prospects
you are imagining. You would having a picture
in your mind where in your restaurant is open,
people are coming in. They're ordering fast
food which has not only healthy but also cost-effective. So this is what you are
giving to the people. People are enjoying
themselves having the food, the taste of the food is unique. You are putting in all the
health specific ingredients. So you're imagining you are, you're taking the bigger
picture into consideration. Also, many a times you need to gathered all the information, all the data, all the preliminary analysis which
has already happened. And it is in the public domain. You need to study
the food industry. You need to study
the people choices. You need to get up to the mobile applications where
you receive orders online. How much in what are the percentage of people
who are ordering fast food? You need to gather information. You need to collect data based on which you need to
do data analysis, which is again, a different
topic altogether. The thing is that you must know all the ins and outs
of your business, how the work is
going to be done, how much time and resources it will take for the
work to be done. You may also prepare a
some sort of presentation. You may ask different
experts their opinion. You may consult your
friends, family, or the people who
you consider as the successful people
in their own business. So the, basically the idea is to involve people to
learn to predict, to see the future, to
see the bigger picture, to analyze what are
the things which could happen for you to make
your business a success?
4. What is Visualization in Strategic Thinking ?: Now, visualization is
a very important tool in which you can utilize this method or the stool
to do strategic thinking. How does it actually work? They are creating
a mental image and you are describing
in your own mind, where do you see the object, events, projects in detail? For example, you
wanted to become an IPS officer or
police officer. Now, you need to prepare. But unless and until you feel you see the picture of yourself walking
as an IPS officer, you wouldn't be able to feel the importance
of that position. Just imagine, every
time you wake up on, every time you think
about your preparation, the image of an IPS officer
comes in your mind. You are visualizing
yourself as walking down the street where people
are giving you respect. They are acknowledging
you that you are a police officer who was responsible and is doing
good work for the people. Now this mental image, this ADA, does this disbelieve
that you are already an officer and you are doing good service
to the people. Missile create positive energy. This will create lot of positivity in your
subconscious mind. And this'll help you to focus more towards your study and clear the
competitive examining. Eventually you will
get success as well. That is what many
successful people who, how it you begging Lave do. They actually
visualize themselves? They feel that they have
already got into that position. And they experienced
the entire, you know, the work process, how
actually they work, what DO things will
happen with them? They feel that
positivity, the field, that energy and your
subconscious mind will derive you to work
towards achieving your goals. For example, if you just imagine yourself that you
are a big businessmen. Now there are a lot
of things which will come to your
mind working of business you will do how
people will purchase, how many business transactions
you will do each day, where will you put your money, how much money you
are going to make? Everything can be visualized and this power of visualization, the power of creating an image
in your mind is immense. It is absolutely unbelievable
how much you can achieve, how much a better
strategy decisions you can make your strategic
thinking and improve. Lot many times if you start to visualize what you believe
is going to happen, what you want to achieve, what are your goals? Stock visualization.
5. How to have a backup plan in Strategic Thinkng ?: Now whenever you are
doing strategic thinking, you should always
have a backup plan. Many times these startups fail. In fact, most of the times
these startups fail. 90% of the startups fail
because people are so attached to the idea
of starting up that they don't take into consideration
the negative aspect. They will believe they will find data idea of to be the
best idea in the world. And disbelief sometimes
dwells into a false belief. In once you actually
start doing the business, you start up your startup, then you realize that
things are not going the way you wanted it to be or the way you
had visualized. Why? Because you had not done
proper strategic thinking. You always believe that
your idea is best. You didn't look into
the other aspects, you didn't test it. You didn't go to the people
and took their feedback. And that is why
your idea of fatal. So you need to have
a backup plan. You need to always think about not only one
Starter plan idea, but two or three. And which startup
plan is going to fit according to
the requirement. The people, and in
the present context is going to be determined by
the feedback of the people. So sometimes it seems
that what we have taught is something which
will be always true, but that is not the
case every time. This is something which
I want you to practice, I want you to follow. That is, whenever you try to open a business
or think about something which you
wanted to do through critical or to
strategic thinking, you should have a backup plan. Also, the past experience, not only of yourself and others, will play a very important role. Now, taken it and taking an
example of being an officer, police officer, you want
to be a police officer. But there will be
many people who would have already appeared
for that exam. There could be many
successful IPS officers are police officers
whom you can meet, you can discuss, you can talk. You can share their experiences
of having correct exam. You can study the pattern. You can analyze the situation. You can see what is
the success rate of a person of becoming
a police officer. Boarded the qualities required. You are considering your
past experience of others, you're taking the feedback you are analyzing work could
be different problems, but you might face
in your journey of becoming a police officer,
you physically fit. Are you mentally able to take that much of pressure
which you're supposed to do once you
become a police officer. So these are the things
which you need to analyze. You need to ask questions. You need to have
strategic thinking mind, which we'll look into
all the aspects. Also, strategic
thinking and wolves, logical thinking that is
thinking outside the box. Now maybe at times you will
have video complex problems. But the solution to those complex problems
could be fairly easy. For example, you have a person who is working in your office
and he always comes late. It's not once, but every
time he comes late. So you asked him one day, what is the reason why
you come late every day? The person said that, sir, I have certain problems
while traveling. I do not have awaken
and because of which, I have to travel
through the bus and it takes a lot of time and
that's why I get late. I have to drop my daughter
as well to school. Now, you have listened
to the problem. It's a very simple problem
wherein the person is not able to reach office on time because he does
not have a vehicle. Now, suddenly an idea prop
pops up into your mind wet and you have a byte which
is lying out your home, no one is using it. You just offer the bike
to him and tell him to get it repaired. Just put the petrol and
come to the office. Employees now coming to
office every day on time because he has a bike which you have given which
was not being used. Right. Or you can arrange a range of transport for your employee. So this is the way
you think logically. This is the way you think. You know how to
solve the problems. You need to come out with
certain out-of-box ideas. Out-of-box thinking. If you just imagine if you would have not come
up with this solution, a typical person would say, No, don't drop your daughters. Asked Cornell to drop
your daughter to school and you start early home. I want you to be on
dialogue begins. Now this might not work because
that's gentlemen problem. How would someone else would
come and drop his daughter? It's better that you give an out-of-box solution and offer your bike to him so
that he can travel in. Saved the time board of your office and for
himself as well. You need to think in certain way in which you are
utilizing your experience, your knowledge, your intuition, everything combined
together and coming out of solutions which are
not only realistic, but also save time and money. So this is something which you can do over
the period of time. And with practice, patients. Think out-of-box. Just analyze radius
though solutions, options which you might have, and then come up
with a solution.
6. What is the importance of Strategic Thinking ?: Now what are the skills
required for you to develop the habit of
strategy thinking? First as having
analytical skills, you need to have the ability
to think in numbers. If you want to. Let's suppose you
want to increase the number of followers
on your social media, for example, your
Instagram page. Now you need to have
your analytical skills together to find out how you can increase the
number of followers. So you need to find out a niche. What niche you are catering to? Who are the people who
was at your profile? So how can you customize the content as
per their requirement? What hashtags you
want to change? What is the frequency
off your posts? So you analyze that, you go to the data analytic
page of Instagram. You'll see the response of a
particular Instagram post. You see the other ten
to 15 Instagram post, you see which pollsters
getting you more engagement, which posts people
are liking more. Accordingly, you develop a
strategy and you come up with posts which cater to
the requirement of people, which make people
like your post and certainly the number of
followers will increase. So you have used the
analytical ability, the data, which is provided by
the Instagram tools to analyze and come up
with solution to how to increase your
followers, right? So strategic thinking skills, one of the most
important aspect is having analytical ability
to see the problem. In that way. Also,
communication skills plays a very important role. No matter which part or aspect of life
you want to improve. If you wanted to become a
better strategy thinking, thinker, you need to develop
good communication skills. The more you are
able to communicate your ideas across to people, the more feedback you take, the more talking you do, the more questions you ask, the better strategy decisions
you'll be able to take. Also, you need to have great
problem-solving skills. You should be able
to solve problems. You should be able to find solutions to difficult problems. They are people who are very
good at finding problems, but there are very
few people who are not at all good
at finding solutions. So you should find solution to a problem even before
discussing a problem. So that's how you grow as opposed to
problem-solving skills plays a very important role in you becoming a
strategic thinker. Also your planning and
management skills, how you plan things out, how you make a plan. Let's suppose you want
to open a business. How have you prepared
the business plan? Have you taken to the aspect of water, the
strength, weaknesses, opportunities, and threats of the business which
you're going to open, have you blended properly? Do you have the management
skills required for you to start a business? Do you know how to, you know all put eight
in how to hire people. Do you have the resources available for you to
manage the organization, the HRD, the compliance,
the operational aspect. So these are the things
which you need to develop as a strategic thinker. Also, if I, if I say border, the ways in which
you can improve your strategic thinking skills, I would say that you need
to develop these skills, which I have just
spoken with you. And you need to become
better each day. You need to ask these questions
to yourself that how can we improve ourselves
in the new market? What are the decisions? What are the products which in
which we can come up with? What is the direction
of growth for each of the products
or services, shootout organization
or come up with some disruptive or
potential new idea or a new business within my
organization being able to sustain this growth
in the next five years. So do I need to come
up with something new? So these are the questions which you need to ask yourself. You need to observe and reflect on whatever things
are coming your way. You need to find solutions. You need to come
up with new ideas. You cannot be there
where you are. Always. The big organizations
like Apple, Samsung. These are the companies
which the net who regularly come up
with new products, new features, they innovate. They do not sit back and relax. If Apple has a product
which works this year, they will definitely
come up with a better product next year
with more improvements. And that is the
USP of the brand. Similarly, you need
to improve yourself every time you come up
with something new, people are going
to appreciate it. Also, while you
are doing strategy thinking there will be people,
there will be opinion, there will be
feedback, who will be against your idea,
against your view? And that's something
which you should welcome. You should consider
opposing ideas. You should welcome people who have different points of view. Now this'll give you a
constructive feedback. This will help you to analyse the things which you should do. As I gave you the example
and the last video, wherein you have
started a startup believing that your idea is the best and eventually it fails. Why? Because you did not consider
the opinion of others. You did not take the
feedback of people. You need to train yourself
in a way wherein you are looking into all the
aspects comprehensively, you are developing skills. You are looking at the feedback you are
considering opposing opinions. You are having a positive
frame of mind annual toward involving data and
analytics to come into, to come to a conclusion
or a solution.
7. How to develop Strategic Mindset ?: Now how do you create
a strategic mindset? How you make yourself comfortable
with strategy thinking? How do you change the way you think and think in
a strategic manner? Well, the first and the most important aspect
is self-exploration. You need to ask
yourself questions. What are the things? What are the skills required for you to become a
strategic thinker? You need to ask
questions to yourself. You need to train yourself in
the skills which you lack. You need to find answers
to all the questions. You need to get to the
new opportunities. You need to find new
emerging challenges. You need to plan for the future. This is how you will start developing a strategic mindset. You may not be as good as a strategic thinker at
this point of time. Because you have never
worked in a project or in a big organization
wherein you have worked on different assignments. But you can't develop that mindset by working on
yourself, by asking questions. Just ask question to yourself. What are the skills required for me to become a critical thinker? What I need to be a
good decision-maker. I need to have good
analytical skills. I can do a data science course. I need to have good
problem-solving approach. Well, I can join a course and I can learn problem-solving. I need to be good in taking decisions based on
feedback and opinion. What let me study how
the customers behave. Let me do a customer
service scores. This is how you're improving
on your skill set. Then you realize that there are other things
which you need to change. Your mindset changes. That is, you look at the
world with a broader mindset. You consider everything that can happen to a business idea. The positives, the negatives. What if this happens? What will I do? You're always,
constantly thinking about all the possibilities
that might happen. And you're trying
to find solutions. You're putting things on paper. You are asking more questions. You are consulting people, you're taking feedback
and opinion of others. You are in a
consultative process. You are improving yourself. You are changing your mindset. The people who want to become
good at strategic thinking, they are always learning
from their own experiences. From the books. There are great books which
makes use strategic thinker. They work within their network. They create a network
of good people. They learn from the
experiences of others. They watch presentation
videos and talk to the people who are
juniors or seniors to them. They're always seek
advice from the others. Now that's something which
will always give you an edge. If you want to become
a strategic thinker, no matter how big or good ideas, better to take opinion
and advice from others. Because that will make
your idea better, great. You should always welcome feedback and advice from others. And you should
incorporate the ideas, the concepts to criticisms which you received
wherever relevant. Now, this will make your plan and strategies more effective. To develop a mindset
of strategic thinking, you need to welcome new ideas. You need to carefully consider
innovative solutions. We're gonna need to
find unique ideas. You should be prepared for
both success and failure. You should be open to, to, to all the possibilities. What are the business will prosper or it might
fail as well. So you need to be very
unique to be, as I said, you need to have a
backup plan that has always that should always
be there with you. Being productive,
being proactive. You are prepared for the future. You'll need to respond actively. You need to add additional
sources of information. You need to be prepared
in case things don't work out the way you
want them to work. Also, you need to consider
the counterarguments deed, the other people opinion. You need to appreciate that the opposing ideas explore
alternative arguments as well. Also, you need to constantly
optimize yourself, your skills, your, your ability to work in
a team, the research, develop ideas, collect data, keep up to date with
news and trends, whatever is happening
in the world, because most of the new ideas come from the new developments which is bad in the global market or
the government level. If I talk about some of these
strategies where you can improve your strategic
thinking skills while you need to set aside some time and reflect on the plants which
you have for the future. You need to identify
the risk, the trend, anteater mind how you
are using the resources available to achieve success. The second is to uncover
your own thinking, your own belief, and challenge it in from a
different perspective. Also, you need to
listen to people who are expert in their field, add whatever area you want
to start your business. You also need to ask good
questions to uncover all the possibilities which
might happen in the future. Also, you need to consider all the consequences
at the same time, if things don't go
well, as per your plan.
8. What is Strategic thinking in Business ?: Why is strategic
thinking important? Why do we bother about
thinking strategically? Why can't we think
in a simple manner? What we all know that we live in a world which has globalized,
had the same time. The competition is
increasing everyday. If you want to survive as
an industry, as opposed, you need to have the
strategic thinking mindset. The competitive landscape can change for any organization
as quickly as possible. If you're not innovating, if you're not doing
something new every day, you will become obsolete and slowly, you'll become history. She must have seen
the examples of companies who were really good. Nokia, Motorola. At some point of time they
were the market leaders. But because they
did not innovate, they did not come up with
new innovations, new ideas. These companies are not
even remembered now. That's why to have a
strategic mindset and to have the habit of thinking
strategically is required. There are certain nutrients
which emerged quickly and you need to adapt to
these new trends. You need to learn new skills. You need to incorporate the strategic thinking
into everyday activities, whether it's your work
or your life routine. You need to think, anticipate,
forecast on opportunities. Today in the world of internet, which is absolutely free, you get immense opportunities to interact with any
person in this world. He may be sitting at the caught in the remotest
corner of the world, but still you can reach out to him through the
medium of internet. It is such a wonderful
scope and an opportunity. Strategic thinking is
important in leaders, especially for the
people who want to do something on their own. They want to set
up a new company. They want to build up a startup. They need to have strategy
thinking in their leadership. You need to have
the qualities of a strategic thinking within you. Now, mostly once you have
a strategic mindset, you need to analyze the
business opportunities and its vulnerabilities. Just imagine you are
thinking in a simple manner. Would you be able to
estimate, forecast, and see what are the future business opportunities
and vulnerabilities. Today, blockchain technology, Internet of Things,
cryptocurrencies. These have been talked. Most
of the people ignore it. Many of the people are moving towards it and they
are already into it. Now, this is going
to be the future. Having a strategic mindset helps you to adapt yourself
to the new technology. You want to take that risk. You want to explore the idea. You want to see what
is the opportunity, what is the scope for you as
opposed to the likelihood that the tactics or the technology may be
effective or not as secondary, but your interest,
your participation, your wheel thinking towards new technology really matters. And this is why
strategy thinking plays a fairly very
important role. It gives you the relevant
information about the problems that
clearly defines the problem from the
strategy point of view. Also, you can brainstorm
possible ideas you can imagine AT challenges which
might come in the future. You can also delegate
assignments of various parts of the strategy to
key associates of your team so that they
can work upon it. It's not that you have to think about everything
that was your way. You can hire leaders, you can hire competitors, are people who are specialized or explored
in that domain. For example, if I wanted
to set up a company and if I don't know the corporate laws, I'll hire a corporate lawyer who were doing all
the things for me. He will think strategically from my point of view to
set a bad company. So it's not about doing
all the work together, but to strategically deploy the work which is required to be done in the organization. The balancing
between consistency, flexibility will make your team take decisions which are
well-informed based on research. Achieving the objectives
through prioritization on making effective decisions by building consensus
wherever necessity.
9. How to demonstrate Startegic Thinking Skills ?: Now how do you demonstrate your strategic thinking skills? What are the ways
in which you can express your strategic
thinking ability? Well, you can
synthesize any type of broad information
into quality data, which is helpful to
come to a conclusion. You can be a
salesperson, a marketer, an expert who works on projects, having different types of
roles and responsibilities. Your ability to
demonstrate the knowledge which you have gained
over a period of time. Your ability to, in fact, better decision will give you the opportunity for growth in your career
through promotions. If you want to prove and improve your strategic thinking skills, you need to observe
and seek new trends. As I said, the world
is moving forward, innovating high pace in order to catch the speed
at which the world is moving unique to observe
and seek the trends. You need to follow
the trends you need to know about the
new things which are happening in the financial
economy and political domain. You need to keep
yourself updated. As an intellectual person, you need to be proactive while connecting
with new people, building a network of people and organizations
where you can work. You need to have all the
information which is unique, new from the perspective
of a thinker, a critical or a
strategic thinker. You need to make it as a
routine exercise that you are finding what is happening on day-to-day basis
in the society. With these questions in mind, you need to come up with certain ideas,
certain objectives. Strategic thinkers
also know how to speak the language of being
a strategic thinker. They prioritize and
sequence their thought. They structure their verbal
and written communication in a way that helps
their audience. They also challenge
the status quo and lead the people talk about what is happening
in their domain. If you really want to improve on your strategic
thinking skills, you need to make
time for thinking. I would want every one
of you to wake up in the morning or before going to sleep gives some
time to yourself. Just to think about what
could be done in the future, how you can make
your life better. What are the skills
you can learn? How strategically
you can improve your entire life and the people
who are dependent on you.
10. How to bring Strategic Thinking Skills in Organizations ? : Now will you company value if you artist strategic
thinker and you give suggestions and ways in which the company can
improve its process, can find creative solutions
to the business challenges. I'm sure once you
start doing it, you would become the best
employee for the company. The companies are eagerly looking for people
who can come up with innovative solutions to the existing problems
in the organization. If I'm the boss off
a company and if my employee comes
to me and tells me, this is how we can increase
the profitability over the next three months if
you make certain changes. And this is how it will
impact on long-term profits. I would be really
interested to know how it is going to happen. And this is strategy thinking. Your strategic thinking
is going to be valued not only bought
by the organization, but also by the people
who work around you. You need to utilize them. You need to utilize
your strategic thinking skills and make yourself an invaluable part of the organization in
which you're working. Now there's some signs that
you are a strategic thinker. You're not able to
identify whether you have visibility to
think strategically. Well, let me give
you a summer off. The ways are some of the signs. If you have it with you, you can say that yes, I am a strategic thinker. While you spend some diamond
self-report reflection, you asked lots of questions. You do not get
into distractions. You have goals in your life. You are a decisive person. You welcome feedback. You enjoy helping others and you plan long-term career goals. And you also find out the ways in which you are
going to achieve them. This is how it shows that you
are the strategic thinker. How to develop strategic
thinking skills. Whilst you need to
pause and reflect, yearning to discuss
ideas with people. Also, you can
change the style of your thinking depending
upon situations, you need to encourage others
to think strategically. Gain experience in
ideas from the people, from their learnings, make decisions about what to do next. Strategic thinking is all
about being self-aware, reflective, and intuitive
about your thinking. If I have to give
another definition of strategy thinking and simple, easy word, it is basically long-term
planning for the future. Now strategy thinkers have a holistic view of the
organization ecosystem. The anticipate major
changes in the marketplace. They also identify
emerging opportunities. They also know how to work
with resource limitations and also will take tough calls that make tough decisions
to reach goals. They will create an
inspired people to work towards version
of what is possible. They will never stand still. They are constantly
moving their team towards achieving the goals. Strategic thinker, a strategy. Thinking process involves
continuous improvement. Continuous thinking
about the future, how things can be improved. Howard limited resources
can be utilized to achieve the desired goals.
You must have seen. I'll give you a
very good example of the fundamental analyst. The people who manage big fund houses of
mutual funds or stocks. Now, what do these people do? They analyze the predict. They see the growth
pattern of the company. They see the fundamental ratios. They check the
profit, the PE ratio. How much debt the company owes, what is the ownership? How much equity is
there in the company? Based on this, they formed
their own assumptions. They think strategy to whether this company is going to
grow into future years, 20 years down the line. If I put my money
or if my client push money, they store, order. This mutual fund
wasting money rule. This is strategy. Thinking. They will look into
all the aspects and will suggest you to execute, take action on their views on what they have found
out as an opportunity. New problem opportunities will always help you to become
a true strategic leader. With focus, you can grow
in the organization, even if it is changing at a
very fast-paced environment, the situations, you will be able to come up and
make your own name. As a strategic thinker, you need to come up with
solutions which are simple. The highlight problem and this soul read in a
very simple manner. You are a solution
oriented person. You are not uncertain
and ambiguous. You make everything clear and have a clear
approach towards slave.