{"id":1210,"date":"2014-05-26T15:00:15","date_gmt":"2014-05-26T15:00:15","guid":{"rendered":"http:\/\/www.mindtools.com\/blog\/?p=1210"},"modified":"2014-05-26T15:00:15","modified_gmt":"2014-05-26T15:00:15","slug":"change-your-perspective-and-think-strategically","status":"publish","type":"post","link":"https:\/\/www.mindtools.com\/blog\/change-your-perspective-and-think-strategically\/","title":{"rendered":"Change Your Perspective and Think Strategically"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1213 alignright\" src=\"\/wp-content\/uploads\/2022\/11\/Rich-Horwath_200x250.jpg\" alt=\"Rich-Horwath_200x250\" width=\"200\" height=\"250\" \/>Clearly, leaders need to be able to think strategically in order to lead effectively. But what does &#8220;strategic thinking&#8221; actually mean?<\/p>\n<p>In our Expert Interview with Rich Horwath, he defines &#8220;a strategy&#8221; as a plan to allocate your limited resources, time, talent and budget to achieve your goals and objectives; and&#160;&#8221;strategic thinking&#8221; as the ability to generate new insights or ideas that achieve some kind of advantage.<\/p>\n<p>For Horwath, this advantage can be gained by focusing on three disciplines:<\/p>\n<ul>\n<li>Coalesce (or bring together).<\/li>\n<li>Compete.<\/li>\n<li>Champion.<\/li>\n<\/ul>\n<p>In his new book, &#8220;<a href=\"https:\/\/www.amazon.com\/Elevate-Disciplines-Advanced-Strategic-Thinking\/dp\/1118596463\">Elevate<\/a>&#8220;, he explains how you can use these disciplines to your advantage, and he discusses the importance of &#8216;tradeoffs&#8217; &#8211; choosing what not to do.<\/p>\n<audio class=\"wp-audio-shortcode\" id=\"audio-1210-1\" preload=\"none\" style=\"width: 100%;\" controls=\"controls\"><source type=\"audio\/mpeg\" src=\"\/wp-content\/uploads\/2014\/05\/RichHorwath_blogaudio.mp3?_=1\" \/><a href=\"\/wp-content\/uploads\/2014\/05\/RichHorwath_blogaudio.mp3\">\/wp-content\/uploads\/2014\/05\/RichHorwath_blogaudio.mp3<\/a><\/audio>\n<p style=\"text-align: right\"><a href=\"https:\/\/www.mindtools.com\/community\/ExpertInterviews\/RichHorwath.php\" target=\"_blank\" rel=\"noopener\"><br \/>\nListen to the full interview<\/a>&#160;&#166;&#160;<a href=\"http:\/\/www.adobe.com\/go\/getflashplayer\/\" target=\"_blank\" rel=\"noopener\">Install<\/a>&#160;Flash Player<em>.<\/em><\/p>\n<p>Check out the rest of our&#160;<a href=\"https:\/\/www.mindtools.com\/pages\/club\/interviews\/Rich-Horwath.htm\">Expert Interview<\/a>&#160;(premium members only) for more of Rich&#8217;s tips on strategic thinking.<\/p>\n<p><strong>Question:<\/strong> What&#8217;s your definition of strategic thinking &#8211; and how can we get better at it? And what do you prioritize when developing strategy? Join the discussion below!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Clearly, leaders need to be able to think strategically in order to lead effectively. But what does &#8220;strategic thinking&#8221; actually mean? In our Expert Interview with Rich Horwath, he defines &#8220;a strategy&#8221; as a plan to allocate your limited resources, time, talent and budget to achieve your goals and objectives; and&#160;&#8221;strategic thinking&#8221; as the ability [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":34380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[104,25,99,176,49],"tags":[98,282,226,197],"reading-time":[],"topic":[],"class_list":["post-1210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-posts","category-expert-interview","category-leadership-2","category-strategy","category-team-management","tag-leadership","tag-rich-horwath","tag-strategic-thinking","tag-strategy-2"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Change Perspective and Think Strategically - 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