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Essentials of Strategic Thinking
Rating: 4.3 out of 5(54 ratings)
185 students

Essentials of Strategic Thinking

How to think "fast enough" about your business goals and strategy
Created byBill Welter
Last updated 8/2019
English

What you'll learn

  • How to think strategically, even though you don't set strategy for your business
  • How to apply strategic thinking to business challenges, no matter where you are in the organization.
  • How to use a simple tool to contemplate the future of your business.
  • How to apply the basics of critical thinking to your business

Course content

3 sections • 9 lectures • 48m total length

  • Course introduction2:19

    Who is Bill Welter and why is he teaching this course?

  • What is "creative destruction?"4:40

    The Austrian-American economist Joseph Schumpeter coined the term "creative destruction" while studying innovation in the 1940s. This term encapsulates the reality of much of the change happening in the 21st century.

  • Is your thinking scattered or deliberate?6:01

    All of us think, but some of us think much better than most. Here are the three components of deliberative thinking that can, and should, be applied to strategic thinking.

  • Introduction to the Sense-Response Cycle5:21

    Every leader, at every organization level, has four basic responsibilities. These responsibilities are found in a repetitive cycle that we refer to as the Sense-Response Cycle.

Requirements

  • Basic understanding of business
  • A willingness to complete basic thinking exercies

Description

All of us think, but some of us think better than others. And better thinking is needed at all levels during times of "creative destruction."

This course will provide practical tools and techniques to improve skills that are needed as we undertake the basic strategic thinking responsibilities of all emerging or established leaders. We are expected to: SENSE the signals of change; MAKE SENSE of these signals ; DECIDE on a course of action; and ACT AND LEARN.

Who this course is for:

  • Leaders and professionals who have to support business priorities
  • Business people who wish to progress in their organization
  • Emerging leaders

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