Strategic thinking is a practically common phrase that gets thrown around and used, especially during business meetings and conferences. Such a widespread use of the phrase makes it easy to assume that everyone is on the same page on what is meant by the phrase “strategic thinking”. A lot of theorists came up with various theories defining the phrase in different ways. But in the real world, what is strategic thinking? How does it apply to us in our day-to-day lives?
First and foremost, strategic thinking is a way of thinking that can be used in both personal and business realms. It is a way of viewing anything – a business, a relationship, even a family – as a complete and dynamic system with variables (people) that work together interdependently. It is a way of seeing the big picture and everyone’s role in the system.
