Sample Essay on Business Strategic Thinking
1. Strategic thinking is critical and crucial for success; it gives a sense of direction for the activities and help to achieve personal goals. Strategic thinking gives broad guidelines towards which more detailed and specific plans are directed. The Strategic thinking is closely connected with strategic intent which is “a heart” of the planning process. The most important way a person can contribute to growth is by systematic planning. Constant attention must be given to changing circumstances and possible threats.
2. Today, most companies have a Code of ethics, but they do not follow its guidelines and principles. It is difficult to organize the environment, responsibility and resources the human resources department needs. I suppose that most companies do not enforce a Code of Ethics because it takes time, costs and efforts to implement new policy into practice and control it. This situation is caused by lack of understanding between employees and its management team. It is easy to follow “old” rituals than implement new strategies.
3. A strategic thinker is a person who is able to create a frame for further actions according to environmental changes and market situation affected by many factors which include trends relating to the general economy, political, international and industrial trends. I possess analytic skills which help me to synthesize and analysis information, and then develop a strategic plan based on current situation and prediction of possible changes in future. In contrast to college years, now I see strategic thinking as a bridge between resources available and goals. Developed analytical skills help me to think ahead and give a singleness of purpose to planning by concentrating attention on the future.
4. “Common sense” means absence of senseless and hasty risks which can affect other people and companies. It is to foresee opportunities and threats and find the best way to solve current problems and eliminate risks in future. Only defensible claims and well-taken actions should be the core of decision-making process and problem-solving.
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