Sample Essay on:
Practical Applications of Strategic Thinking

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Essay / Research Paper Abstract

This 3 page paper explores and defines strategic thinking and how it is applicable in a corporate setting. A hypothetical case study is used. Bibliography lists 1 source.

Page Count:

3 pages (~225 words per page)

File: RT13_SA341str.rtf

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Unformatted sample text from the term paper:

or a flexible plan, that will allow them to make decisions in a way to meet the goal of winning. Usually--with the exception of dumb luck--the person with the best strategy wins. In such a scenario, strategic thinking is used. While it is a concept that is difficult to define, there are many elements associated with strategic thinking and these include the notion of a desired outcome, a plan, being prepared for new challenges and also, the desire to achieve more than one objective at a time (Albano, 1999). Other aspects of strategic thinking include the ability to think about the opponents possible actions (1999). This type of thinking is integral in the military but it is also important for todays executive. Planning to take action requisites a plan to find out just what ones competitor might do. While strategic thinking is desirable, it is easier said than done. If one is a manager and must develop a strategy to fulfill the strategic vision of a firm, the manager has to look at specific goals and make sure that they are aligned with the companys vision. In a hypothetical case study, a manager is in charge of a statistical area that has many goals. In addition to needing to meet specific deadlines to fulfill filing requirements and such, the section wants to expand so that they can take on additional corporate responsibilities. Yet, in planning to make the change, and also to incorporate new and necessary alterations such as the implementation of new products into their systems, the manager needs to use his resources wisely. In the hypothetical setting, it is assumed that there are seven people in this area and that one person will have to take the position of being a ...

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