Strategic thinking in the context of "Strategy"

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⭐ Core Definition: Strategic thinking

Strategic thinking is a mental or thinking process applied by individuals and within organizations in the context of achieving a goal or set of goals.

When applied in an organizational strategic management process, strategic thinking involves the generation and application of unique business insights and opportunities intended to create competitive advantage for a firm or organization. It can be done individually, as well as collaboratively among key people who can positively alter an organization's future. Group strategic thinking may create more value by enabling a proactive and creative dialogue, where individuals gain other people's perspectives on critical and complex issues. This is regarded as a benefit in highly competitive and fast-changing business landscapes.

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👉 Strategic thinking in the context of Strategy

Strategy (from Greek στρατηγία stratēgia, "troop leadership; office of general, command, generalship") is a general plan to achieve one or more long-term or overall goals under conditions of uncertainty. In the sense of the "art of the general", which included several subsets of skills including military tactics, siegecraft, logistics etc., the term came into use in the 6th century C.E. in Eastern Roman terminology, and was translated into Western vernacular languages only in the 18th century. From then until the 20th century, the word "strategy" came to denote "a comprehensive way to try to pursue political ends, including the threat or actual use of force, in a dialectic of wills" in a military conflict, in which both adversaries interact.

Strategy is important because the resources available to achieve goals are usually limited. Strategy generally involves setting goals and priorities, determining actions to achieve the goals, and mobilizing resources to execute the actions. A strategy describes how the ends (goals) will be achieved by the means (resources). Strategy can be intended or can emerge as a pattern of activity as the organization adapts to its environment or competes. It involves activities such as strategic planning and strategic thinking.

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Strategic thinking in the context of Ministry of Tourism (Brazil)

The Ministry of Tourism (Portuguese: Ministério do Turismo) is a cabinet-level federal ministry created on January 1, 2003. It is responsible for Embratur, the Brazilian Tourist Board.

Developing tourism as a sustainable economic activity with a relevant role for the generation of jobs and foreign currency and providing social inclusion. The Ministry of Tourism is innovating in the handling of public policies with a decentralized management model, guided by strategic thinking.

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Strategic thinking in the context of Strategist

A strategist is a person with responsibility for the formulationand implementation of a strategy.Strategy generally involves setting goals, determining actions to achieve the goals,and mobilizing resources to execute the actions. A strategy describes how the ends (goals) will be achieved using the means (resources). Organizations generally task senior leaders with determining strategy. Strategy can be intended or can emerge as a pattern of activity as the organization adapts to its environment or competes. It involves activities such as strategic planning and strategic thinking.

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