The Discipline of strategic thinking
With several studies identifying the number one cause of business failure as bad strategy, taking the time to think strategically and plan appropriately is essential to success.
How are the most successful senior leaders making this happen? Through three disciplines they practice regularly. I've distilled this down into a simple framework you can start using today.
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The 3 Disciplines of Highly Successful executives
Acumen
The generation of insights to create new value.
Allocation
Focusing resources through strategic trade-offs.
Actions
Prioritizing and executing initiatives.
About Rich Horwath
Rich Horwath is the founder and CEO of the Strategic Thinking Institute where he facilitates strategy sessions for executive leadership teams, coaches individual leaders to reach their strategic potential, and has helped more than a one million managers develop their strategic thinking skills through live workshops and virtual training.
He is a New York Times and Wall Street Journal bestselling author on strategic thinking, including the new book, STRATEGIC: The Skill to Set Direction, Create Advantage, and Achieve Executive Excellence. Rich is a former Chief Strategy Officer and professor of strategy and has appeared on ABC, NBC, CBS, and FOX TV. His work has been featured in publications including Fast Company, Forbes, and the Harvard Business Review.
