Being strategic means being able to identify holistic and/or long-term goals and
the means of achieving them. The core value of strategic thinking is to plan over
a long period of time and see the aspirational goal of your endeavor.
Strategic thinking allows a person to assess, view, and create the future
themselves, whether in work life, or personal life. A long-term vision is
required to achieve lofty goals and strategic thinking and planning are the means
of achieving them.
A CEO must be particularly skilled at defining a strategic direction and
influencing others to take a course of action to achieve the goals of the
organisation and allocating the resources needed to achieve those goals. No small
task! The origin of the word refers to leading an army and can be related to a
large organisations workforce, and strategy can encompass innovation, strategic
planning and also operational planning.