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Books > Business & Economics > Business & management > Management & management techniques > Management decision making
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Strategic Thinking - A Comprehensive Guide (Hardcover)
Loot Price: R1,193
Discovery Miles 11 930
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Strategic Thinking - A Comprehensive Guide (Hardcover)
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Leadership and strategy are intricately connected--one of the
primary responsibilities of leaders is to formulate strategy. In an
organization, only the leader has the power to implement strategic
change. Thus strategic thinking is a necessary and fundamental
cognitive ability of a leader. Strategic thinking requires both an
idealism (to imagine a better world) and a realism (to acquire the
resources, skills and organization to get there). However, most
organizations focus on short-term thinking for their employees and
leave long-term strategy to the executives. But no high-level
executive in any organization is fully knowledgeable about the
details of operations. Thus for realistic strategy, there is a need
for good top-down and bottom-up communication. When organizational
communication is only top-down, high-level strategy can become only
wishful thinking by the CEO. The purpose of proper strategic
thinking is to eliminate wishful-thinking from organizational
strategy. Strategic thinking is necessary at every level of an
organization, not just at the top. This book uses actual histories
of business successes and failures to illustrate theoretical
concepts in strategic thinking.
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