Seeing ahead to future possibilities and translating them into breakthrough strategies
Being strategic involves looking, planning, and moving into the future with clear intentions and purposeful actions. It’s about doing things today with an eye toward tomorrow. Making decisions today that will lead the organization towards its future objectives. You need to consistently ask where you are going and how you will get there.
Before you begin crafting a strategic plan, you need to understand the context in which you operate. Pull together people that have diverse knowledge to create a detailed picture. There are a number of scanning frameworks you can use. The SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) or SOAR analysis (Strengths, Opportunities, Aspirations, Results) are widely used to identify internal and external factors that define and shape the competitive position in the marketplace.
It used to be that strategic plans were created once a year or every few years. Not today. To stay competitive and nimble, the neat and tidy plans of the past have been transformed into a continuous strategic planning process. Make sure to revisit your strategy frequently. What are the critical priorities? When difficult trade-offs surface, look to your core values to determine which way to go.
Too busy getting today’s work done to think about tomorrow? To cultivate a strategic mindset, keep one eye toward the horizon. Study emerging trends inside and outside your field. Get in the habit of questioning what things will mean in the future. When examining trends, Rosabeth Moss Kanter advises zooming in and zooming out. Zoom in for sharp focus on important details. Zoom out to see how details form patterns and fit into the bigger picture.
INDIANA UNIVERSITYHUMAN RESOURCES
