Strategic Thinking and Strategic Leadership

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1 Strategic Thinking and Strategic Leadership Introduction Strategy and strategic thinking and decisions basically refer to an organisation’s long term direction and planning. It touches on the scope of all activities carried out in an organisation, advantages over competition, strategic environment fit, resources and competences, as well as powerful actor’s values and expectations. Competition from rival firms within the industry and poor external business conditions, such as worsening economic conditions or unstable political conditions, are some of the uncertainties which managers have to deal with on a daily basis. Strategic thinking and leadership, thus, seeks to position the company in such a way that it may remain immune from such limiting factors and conditions. This occurs by virtue of managers making the right decisions at the opportune time to salvage the enterprise. This paper seeks to elaborately discuss the aspect of strategic thinking and leadership by making reference to real life examples and offer recommendations on ways through which improvement of the strategic process could be done.

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