Quick Answer: What Is Strategic Thinking Competency?

What makes a person strategic?

“Being strategic” requires a sense of confidence in one’s decision-making process which cannot be founded on 100% proof of concept.

“Being strategic” means being perceptive, future-oriented, open-minded, proactive, working off the front-foot, and making and taking decisions based on evidence and calculated hunches..

What is meant by strategic thinking?

Strategic thinking is simply an intentional and rational thought process that focuses on the analysis of critical factors and variables that will influence the long-term success of a business, a team, or an individual. … This sort of thinking must account for economic realities, market forces, and available resources.

What are the six elements of strategic thinking?

Six common components include: 1) tools for analysis; 2) strategic purpose; 3) values; 4) vision; 5) key goals; and 6) action planning. We will review each of the components below. There are a number of different tools used for analysis in strategic conversations.

What are the six core competencies?

What are the Six Core Competencies?Patient Care.Medical Knowledge.Practice-based Learning and Improvement.Interpersonal and Communication Skills.Professionalism.System-based Practice.

What are the 3 leader competencies?

The Top 10 Leadership CompetenciesSocial Intelligence (SI). This is not only one of the best predictors of effective leadership, but it is poorly understood and under-researched. … Interpersonal Skills. … Emotional Skills/Intelligence (EI). … Prudence. … Courage. … Conflict Management. … Decision-Making. … Political Skills.More items…•

What are the strategic thinking tools?

Strategic Thinking ToolsPESTLE analysis.Porter’s Five Forces.McKinsey 7 S model.SWOT analysis.

What are the 5 elements of a person’s strategic advantage?

To create a concise and understandable description of your strategic advantage, include each of these five areas:Your personal style. … Your key skills. … Your knowledge base. … Your interests. … Your values and motivators. … Career assessment testing. … Get input from others. … Putting it all together for presentation.

What are strategic competencies?

Strategic competencies equip people and organizations to take position and move in a highly dynamic context that poses constantly changing challenges to the realization of their aims. Lacking such competencies undermines the ability to adapt to such changing environments, leading to increasing marginalization.

How do you demonstrate strategic thinking skills?

To be viewed as a strategic thinker, you must also demonstrate that you can use your knowledge to put new ideas into action. No matter your level, you can demonstrate strategic thinking by executing an innovative project that shows that your understanding extends beyond your current function.

What is strategic thinking business?

Strategic Thinking is a planning process that applies innovation, strategic planning and operational planning to develop business strategies that have a greater chance for success. More and more organizations are learning that past experience is not always the best basis for developing future strategies.

Can you teach strategic thinking?

One of the most effective ways to develop your strategic skills is to be mentored by someone who is highly strategic. … Promote a future perspective for employees by incorporating it into training and development programs; teach people what strategic thinking is and encourage them to ask “why” and “when” questions.

What is an example of a competency?

A competency list usually comprises an overview of work-related competencies….List of competencies.EnergyMotivatingAdaptabilityInterviewingNetworkingVisionCommunication skills (verbal)Communication skills (written)Group-oriented leadership18 more rows