Strategic thinking — practical guide
This is a skill that can be learned
This is a skill that can be learned
Steve Jobs, Jeff Bezos, and Elon Musk are exceptional strategic thinkers. But it doesn’t mean that strategic thinking is an innate gift that only few people possess by a lucky chance. On the contrary, everyone can learn to think strategically if they are persistent and consistent. As with any skill, this one cannot be mastered overnight, but if you invest enough time and effort, you can also become a great strategist.
The world as a Value Chain, or Connecting the Dots
Our world is a large, massive Value Chain. For instance, oil companies produce oil — it is the beginning of many Value Chains. On the opposite ends of these chains are many products — from petrol for your car to your smartphone’s cover. A combination of soil, seeds, and fertilizers will, at the end of the day, become vegetables or a piece of bread on your table. Of course, before that, they will go through many other links of the chains — processing plants, distribution and logistics comp…