Once you unlock the power of strategic thinking it's like having an unfair advantage. ------ FREE NEWSLETTER pages.mikegast... WEB Website: www.mikegastin... ------
Uncle Mike, this is pure gold. I like the clarity and how you have simplified the terms. You have earned a follower. Thank you so much for all the work you do.
Strategy is an integrated set of choices that uniquely positions the firm in its industry so as to create sustainable advantage and superior value relative to the competition. Playing to Win, How Strategy Really Works, A.G. Lafley, Roger L. Martin, Roger L. Martin
Personally, I would define strategic thinking as "the generation of an integrated set of decisions and insights that creates a sustainable advantage towards realising a worthy ideal, and superior value relative to the competition"
What can we call the 4 steps: Is it: 4 Steps to develop strategic insights? 1. Building Context 2. Decomposition & Analysis 3. Synthesis 4. Cognitive State
Your question is about the appropriateness of an analogy. Is GPS analogous to strategy? In some ways, but it's imperfect, as strategy and tactics are contextual. To be fair, strategy and tactics are easily confused and often the "line" is blurry between them. One way (but not the only or perfect way) to think about the difference is to think of strategy as how you're choosing to position yourself and tactics as the actions related to the execution of that positioning. So, your strategy is to be the market's low-cost leader and everything you do on a day-to-day basis to keep your prices down are tactics.
If you wanted to use GPS as your analogy, I'd say strategy is knowing your desired destination, deciding driving is the ideal way for you to get there, and deciding GPS is the best way to find an ideal route. Tactics include the route produced by your GPS and the many choices you make along your route, like what lane to choose. Those tactical decisions can either be made randomly, or they could be guided by your strategy too. For example, you may choose to speed because of a strategic decision to risk an accident or legal penalties to get there quicker.
For this to come out only 4 days ago, I can't help but wonder if you were born during the inversion phase of mercury or saturn. I know you dont dive woo, but there is a science to the electrical and magnetic nature these bodies perform just like the moon to waves of an ocean. Regardless, you've verbalized aspects in clear and precise ways to merge both the mercurial-eqsue "processing" with a saturn-eqsue "structuring" - throw in your intuitive expression and you even have the Uranian radiance. Some of our best intellect IS the nature we know most after all. Pleasure encountering your expressions at this time from both the intellectual standpoint, and as lessons which arise in our collective discovery of 'Creation'. Thank you for being and continue to Stay True ❂
Wow, thanks! You're right, I don't dive "woo" unless it comes to the mysteries of the orthodox Christian faith. However, not knowing the details of your comments I can infer your complement and am grateful. Again thanks.
Uncle Mike, this is pure gold. I like the clarity and how you have simplified the terms. You have earned a follower. Thank you so much for all the work you do.
Nice! Thank you.
This is the best video on strategic thinking. Thanks a million!
You are very welcome!
Strategy is an integrated set of choices that uniquely positions the firm in its industry so as to create sustainable advantage and superior value relative to the competition.
Playing to Win, How Strategy Really Works, A.G. Lafley, Roger L. Martin, Roger L. Martin
Personally, I would define strategic thinking as "the generation of an integrated set of decisions and insights that creates a sustainable advantage towards realising a worthy ideal, and superior value relative to the competition"
Okay.
What can we call the 4 steps: Is it: 4 Steps to develop strategic insights?
1. Building Context
2. Decomposition & Analysis
3. Synthesis
4. Cognitive State
This is pure gold right here
Thanks, man.
I entered "strategic thinking" looking for copperexplanation and I found goldexplanation 🎉
Love you too uncle mike!
😂
Thank you for sharing knowledge 🙏.
My pleasure
Do the 4 steps to think strategically written somewhere?
Where does future foresight fit in, is it related to strategic thinking?
Foresight is helpful. The challenge is it's hard to get the future right.
Valuable video!
;)
The difference between strategy and tactics confuses me. Does GPS give us a strategic route and specific turns are tactics?
Your question is about the appropriateness of an analogy. Is GPS analogous to strategy? In some ways, but it's imperfect, as strategy and tactics are contextual. To be fair, strategy and tactics are easily confused and often the "line" is blurry between them. One way (but not the only or perfect way) to think about the difference is to think of strategy as how you're choosing to position yourself and tactics as the actions related to the execution of that positioning. So, your strategy is to be the market's low-cost leader and everything you do on a day-to-day basis to keep your prices down are tactics.
Thank you. What about football, with position equals WINNER and quarterback equals tactician?
If you wanted to use GPS as your analogy, I'd say strategy is knowing your desired destination, deciding driving is the ideal way for you to get there, and deciding GPS is the best way to find an ideal route. Tactics include the route produced by your GPS and the many choices you make along your route, like what lane to choose. Those tactical decisions can either be made randomly, or they could be guided by your strategy too. For example, you may choose to speed because of a strategic decision to risk an accident or legal penalties to get there quicker.
For this to come out only 4 days ago, I can't help but wonder if you were born during the inversion phase of mercury or saturn. I know you dont dive woo, but there is a science to the electrical and magnetic nature these bodies perform just like the moon to waves of an ocean. Regardless, you've verbalized aspects in clear and precise ways to merge both the mercurial-eqsue "processing" with a saturn-eqsue "structuring" - throw in your intuitive expression and you even have the Uranian radiance. Some of our best intellect IS the nature we know most after all. Pleasure encountering your expressions at this time from both the intellectual standpoint, and as lessons which arise in our collective discovery of 'Creation'. Thank you for being and continue to Stay True ❂
Wow, thanks! You're right, I don't dive "woo" unless it comes to the mysteries of the orthodox Christian faith. However, not knowing the details of your comments I can infer your complement and am grateful. Again thanks.
@@MikeGastin You are very welcome! Faith guides you to arrive well so I honor your path, as does Nature. Continue Shining the Light of your HeArt ❂
Absolute solid heartwarming reasoned gold
Dude your content is just awesome
🥇
Hey, thanks!
You look Arab whats your ethnicity 😂
Do you take inspiration from or would you recommend ‘The Six Disciplines of Strategic Thinking’ ?
I've not read it-yet. Michael Weaver (is that the correct last name?). Looks good, though.
@@MikeGastin last name is watkins