by Lucy Cadman
I sometimes suffer from what I fondly (or usually not so fondly) term as “Woolly Brain Syndrome”. I know what I want to achieve, and I know what I want to see my company achieve … but sometimes I just can’t figure out a logical thought progression to develop substantive plans to help these ideas to become a reality.
Would you like to improve your own strategic thinking skills? If so, try out some of the following development ideas listed below:
* Read the business pages of a quality newspaper such as The Times, Financial Times, and Telegraph etc. Alternatively subscribe to the Harvard Business Review. Learn about strategies and actions that other organisations have taken to improve their performance. Determine which ones of these would work well within your organisation.
* Prepare a ‘strategic perspective’ for your business / function. Conduct some research - what will the likely key trends and changes be in the next 3-5 years? Look at things such as changes in technology, applications, competition, legislation, demographics, etc. What opportunities and threats are provided?
* Research your major competitors and develop a detailed profile of each competitor. What can you learn from them?
* Analyse the needs of your customers. What is it they need and want in your products applications and services, both now and in the future?
* Challenge the assumptions and beliefs that you have about your business – which ones are obsolete or restrictive? Which ones should you change? For example, the internet has challenged the belief that you can only purchase music on a CD / Tape, and the digital watch challenged the belief that all watches had to have hands to tell the time.
* Volunteer to work on a cross functional business / organisation improvement project.
*Learn to play chess.
* Discuss with a trusted colleague or manager your ability to strategize and see the ‘bigger picture’. Identify any weaknesses or blind spots. Discus ideas to force yourself to move away from details to the ‘bigger picture’ to gain a broader prospective.
* Seek someone who could act as a mentor (either internally or externally) and who could guide you through a strategic planning process.
* Discuss with your manager your ability to make sound judgements and business decisions. What feedback can they give you about your effectiveness? What decisions could you have made differently?
* Identify the most important decision that you have to make in the next 3-6 months. Discuss with your manager or colleague the key steps to making the decision and likely information you will need. Start gathering the relevant information.
This list is not meant to be exhaustive, but if it is put into practise the suggestions will help you to improve your strategic thinking and leadership capability, and will help you to avoid being a sufferer of “Woolly Brain Syndrome”!
If you require further help in developing your Leadership Skills or your Strategic Thinking skills, Developing People Ltd can help you. Please visit our website for more information, or call us on 0845 409 2346.
Friday, 20 August 2010
Developing Leadership and Strategic Thinking
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