Strategic ThinkingResearch Starter
Strategic thinking is a method frequently used by leaders in business settings to evaluate factors, create plans, and make decisions. Compared to more conventional styles of thinking, strategic thinking involves fresh perspectives, unique innovations, and imaginative approaches to challenges. Although strategic thinking often leads to greater possibility for risk, many business experts feel it is an important component in business success. It may be more important than ever, in fact, due to the rapid changes in global business in the past decades.